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
The Bitcoin market fell again during the trading session on Thursday, as we have broken through an uptrend line, and now looks susceptible to selling pressure.
Natural gas markets rallied a bit during the trading session on Thursday, breaking above the 50 day EMA.
The S&P 500 has rallied quite stringently during the trading session on Thursday, heading towards the top of the consolidation area that we been in for some time based upon the idea that the Chinese are not going to continue retaliating in the trade war.
Top Forex Brokers
NZDUSD: Bearish price channel still holding
The S&P 500 has found quite a bit of volatility during the trading session on Wednesday, initially dropping down towards the 200 day EMA before rallying again.
The NASDAQ 100 has continued to go back and forth during the trading session on Wednesday, as we have seen on Tuesday.
Bonuses & Promotions
The US dollar has rallied slightly during the trading session on Wednesday, as we continue to consolidate against the Japanese yen.
The British pound has broken down a bit during the trading session on Wednesday, as we continue to see a lot of noise in this market.
The Euro should continue to drift a bit lower due to the fact that the market has been focusing on US Treasuries as of late, and of course the differential between the German and American economies.
The West Texas Intermediate Crude market gapped higher to kick off the trading session on Wednesday, and then shot even higher after the inventory figures showed 10 million barrels drawn away.
Bitcoin: Strong bearish break from consolidating triangle