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.
Most Recent
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of April 11, 2016.
Check out the weekly Forex forecast for major currency pairs for the week of April 10, 2016 here.
The S&P 500 initially fell during the course of the session, but has been in a very strong uptrend for some time now. The NASDAQ 100 fell during the day on Thursday as well, forming a very bearish candle.
Top Forex Brokers
The WTI Crude Oil market initially rallied during the day on Thursday but found the area above the $38 level to be resistive enough to turn the market back around. The natural gas markets had a very strong session on Thursday, breaking above the $2 level at one point.
The EUR/USD pair went back and forth during the day on Thursday as we continue to struggle with the 1.14 level. The GBP/USD pair initially tried to rally during the day on Thursday but turned back around and fell from there
The USD/JPY pair fell significantly during the course of the day on Thursday, but found enough support below the 108 level to turn things back around right from there. The AUD/USD pair initially tried to rally during the day on Thursday, but turned right back around to slam into the 0.75 level.
Gold prices ended Monday's session up $18.35 as market participants continued to adjust to the U.S. Federal Reserve’s cautious plans for raising interest rates.
Get the NZD/USD Forex signal for April 7, 2016 here.
Get the AUD/USD Forex signal for April 7, 2016 here.
Bonuses & Promotions
Get the USD/JPY Forex signal for April 7, 2016 here.
The Euro initially fell during the day on Wednesday, but we turned back around and formed a fairly positive candle. The GBP/USD pair initially fell during the course of the day on Wednesday, but found enough support at the 1.40 level to turn things back around and form a bit of a hammer.
The USD/JPY pair has now broken down below the 110 level, and that of course is a very bearish sign. Ironically, even though there’s been a little bit of a run to safety, the Australian dollar still does fairly well.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Get the USD/CAD Forex signal for April 7, 2016 here.
Get the USD/CHF Forex signal for April 7, 2016 here.
Check out the GBP/USD Forex signal for April 7, 2016 here.