The WTI Crude Oil market rallied during the trading session on Thursday but did give back some of the gains.
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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Gold markets fell during the trading session on Thursday, as we continue to see a lot of overall volatility in this market.
The resurgence of German economic growth and stability in the Eurozone was offset by the weakness of the ZEW Economic Sentiment Index for Germany and the Eurozone,
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US retail sales fell more than expected, negatively impacting the US dollar.
A final and formal agreement that ends the trade dispute between the United States and China will continue to be a factor contributing to stronger gains in gold prices,
On Thursday, May 16, 2019, the markets will be focused on the announcements from the economic calendar data, which usually results in changes in price movements.
NZDUSD analysis: NZD threatens bullish break above bearish price channel
AUDUSD analysis: strong weakness in AUD sends pair to new multi-month lows
USDJPY: Japanese Yen remains strong but may be topping out
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USDCHF supported above 1.0050 as risk appetite made a small recovery
GBPUSD close to 3-month low as Brexit deadlock remains
EURUSD Analysis: Bearish below resistance at 1.1225
The Euro went back and forth during the trading session on Wednesday, as we continue to dance around the 1.12 handle.