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 Euro initially rally during the session on Friday, in reaction to the less than anticipated jobs report.
The US dollar had a volatile session on Friday as the jobs number came out less than anticipated. The Australian dollar was very choppy during the session as well, but gold markets continue to look very healthy.
The S&P 500 tried to rally during the day on Friday, but ran into a bit of a brick wall at the 2480 handle.
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The WTI Crude Oil market initially fell during the day on Friday, but turned around to form a hammer. Natural gas markets were very volatile during the Friday session, as we pulled back to the $3 level, and then exploded to the upside.
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Gold prices settled at $1324.59 an ounce on Friday, making a gain of 2.4% on the week and 4.1% over the month.
Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of September 3, 2017.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of September 4, 2017.
The EUR/USD pair has been extraordinarily strong over the last several weeks, and even when as high as the 1.20 level.
The British pound has been very volatile over the last several weeks, and as we roll into September we should see a significant amount of volume jump into the marketplace.
The New Zealand dollar has been negative during most of August, as we are approaching the 0.72 level.