For three consecutive trading sessions, the price of an ounce of gold moved in a bearish correction from the $ 1428 resistance level to reach $ 1410 per ounce
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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Employers in the United States sharply intensified their employment during June, adding 224,000 new jobs, underscoring the strength of the US economy after more than a decade of steady growth.
The US economy succeeded in adding more new jobs in the non-farm sector than expected in June, thus boosting support for the US dollar.
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The Japanese yen is still stronger and the USD bullish correction attempts didn’t pass the 108.63 resistance, and the USD/JPY settled again around 108.30 at the time of writing.
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USDCHF Analysis: Slow medium-term bullish movement
GBPUSD: Pound hits multi-month low price as Brexit looms
The Euro fell significantly during the trading session on Friday, slicing through the 50 day EMA which is a very negative sign.
Bitcoin markets fell a bit during the trading session on Friday, as we did see a bit of a “risk off” move in general.
The WTI Crude Oil market initially fell hard during the trading session on Friday, reaching down to the bottom yet again.