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 EUR/USD pair had a volatile session during the day on Tuesday, but found enough support to turn around and form a nice-looking hammer.
The USD/JPY pair initially rally during the day on Tuesday, but found resistive enough to turn the market back around and sell off significantly.
The WTI Crude Oil market fell significantly during the day but turned around to form a supportive looking candle.
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The S&P 500 fell a bit during the day on Tuesday, but found enough support at the 2410 level to turn things around and form a bullish looking candle.
Get the NZD/USD Forex signal for May 30, 2017 here.
Get the AUD/USD Forex signal for May 30, 2017 here.
Get the USD/JPY Forex signal for May 30, 2017 here.
Get the USD/CAD Forex signal for May 30, 2017 here.
Get the USD/CHF Forex signal for May 30, 2017 here.
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Get the GBP/USD Forex signal for May 30, 2017 here.
The EUR/USD pair initially tried to rally but turned around to form a fairly negative looking candle as it was a shooting star, and it sits just below the 1.12 handle. The British pound bounced during the day on Monday, testing the 1.2825 level underneath.
The US dollar had a quiet session on Monday, as Americans would have been away for Memorial Day. The Australian dollar was very quiet as well, as it looks like the 0.7425 level continues to offer support.
The S&P 500 did very little during the day on Monday, which of course was not a big surprise, as only the CFD markets would have been open. The NASDAQ 100 did almost nothing as well, as the 5800 level continues to be resistance.
The WTI Crude Oil market had a volatile session, bouncing around the $50 handle. The natural gas markets gapped lower during the day on Monday, but having said that it’s also worth pointing out that Monday was Memorial Day.
Get the EUR/USD Forex signal for May 30, 2017 here.