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 West Texas Intermediate market has been very choppy during the day on Friday, which isn’t a huge surprise considering we are hanging around the $55 level.
The Euro rallied a bit during the trading session on Friday, breaking above the 1.111.
The natural gas markets gapped lower to kick off the Friday session and then continued to fall from there.
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The Australian dollar has gone back and forth during the trading session on Friday, as we hang around near the 0.68 handle.
The British pound fell initially during the trading session on Friday, but just as we had seen on Thursday, buyers came in to pick up the market.
The US dollar initially tried to rally against the Japanese yen during trading on Friday but then fell apart as we have broken through the ¥107 level.
The US dollar has rallied again during the trading session on Friday, after initially pulling back.
The NASDAQ 100 looks very soft all of the sudden, as we have broken through the gap that had been holding this market up.
Gold markets gapped higher to kick off the trading session on Friday, dipped a bit to try to fill that gap, and then shot straight up in the air.
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USDCHF Analysis: Bearish on flight to safety
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