The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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The Euro rallied initially during the day on Tuesday, but found quite a bit of trouble at the 1.1350 level. The British pound broke higher during the course of the session on Tuesday.
The US dollar fell against the Japanese yen during the course of the day on Tuesday, but found enough support near the 100 level to turn things back around and form a hammer. The New Zealand dollar initially rallied during the course of the day on Tuesday, but turn right back around to form a bit of a shooting star.
The S&P 500 rallied during the day on Tuesday, as we continue to see strength in this market. The NASDAQ 100 as you can see rally during the day initially on Tuesday, but gave back about half of the gains.
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The WTI Crude Oil market initially fell during the day on Tuesday, but the inventories number came out much more bullish than expected and we of course turn right back around. The natural gas markets initially fell during the course of the day on Tuesday, and then turn right back around form an extraordinarily bullish candle.
During the day on Tuesday, the NZD/CHF market ended up turning back around to form a shooting star.
Get the USD/CAD Forex Signal for August 24, 2016 here.
Get the USD/CHF Forex Signal for August 24, 2016 here.
Get the GBP/USD Forex Signal for August 24, 2016 here.
Get the EUR/USD Forex Signal for August 24, 2016 here.
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Get the NZD/USD Forex Signal for August 23, 2016 here.
Get the AUD/USD Forex Signal for August 23, 2016 here.
Get the USD/JPY Forex Signal for August 23, 2016 here.
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