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 US dollar initially pulled back against the Mexican peso on Thursday, but then turned around to break higher and towards the downtrend line above.
The US dollar has rallied a bit during the trading session on Thursday but paired some of the gains towards the end of the day as we are simply hovering at the 50 day EMA.
The WTI Crude Oil market got absolutely hammered during the trading session on Thursday, as we reached down towards the 50 day EMA.
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The S&P 500 went back and forth during the trading session on Thursday after initially gapping lower.
Gold markets broke down significantly during the day on Thursday, gapping lower to kick off the session.
Get the NZD/USD Forex signal for May 2, 2019 here.
Get the AUD/USD Forex signal for May 2, 2019 here.
Get the USD/JPY Forex signal for May 2, 2019 here.
Get the BTC/USD Forex signal for May 2, 2019 here.
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Get the USD/CAD Forex signal for May 2, 2019 here.
Get the USD/CHF Forex signal for May 2, 2019 here.
Get the GBP/USD Forex signal for May 2, 2019 here.
Get the EUR/USD Forex signal for May 2, 2019 here.
The Euro initially rallied significantly enough during the trading session on Wednesday but struggled at the 50 day EMA.
Bitcoin markets rallied a bit during the trading session on Wednesday again, as the 200 day EMA sits just below the market.