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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Get the NZD/USD Forex signal for June 12, 2017 here.
Get the AUD/USD Forex signal for June 12, 2017 here.
Get the USD/JPY Forex signal for June 12, 2017 here.
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The EUR/USD pair had a very volatile session during the day on Friday as the EUR was a beneficiary of the surprise elections in the United Kingdom. The British pound fell significantly after the UK parliamentary elections, breaking down almost immediately.
The WTI Crude Oil market went back and forth during the day on Friday, as we continue to test the $45 level underneath. Natural gas markets did very little during the day on Friday, initially tried to rally but then turning around to show signs of resistance.
The USD/JPY pair broke higher on Friday, using the 110 level as a reason to go to the upside. The Australian dollar fell during the Friday session, but continues to find buyers just below, and especially near the 0.75 handle.
The S&P 500 had a very volatile session on Friday, initially going higher and reaching towards the 2450 handle, but then turning around and breaking down rather significantly.
Get the USD/CAD Forex signal for June 12, 2017 here.
Get the USD/CHF Forex signal for June 12, 2017 here.
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Get the GBP/USD Forex signal for June 12, 2017 here.
Get the EUR/USD Forex signal for June 12, 2017 here.
Gold prices settled at $1266.63 an ounce on Friday, suffering a loss of 1.03% on the week, as uncertainty in financial markets fueled by the British election and tensions in the Middle East was not enough for the bulls to overtake the bears.
Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for June 12, 2017
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of June 12, 2017.
Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of June 12, 2017 here.