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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 was a bit choppy during the trading session on Friday, as the market seems to be testing the 1.16 level above for resistance.
Bitcoin markets fell a bit during the session on Friday, as we continue to see a bearish pressure. The market is below the $6500 level again, and I think that we are probably going to revisit the $6000 region.
The S&P 500 fell significantly during the trading session on Friday but did find enough momentum to turn things around and form a hammer.
The WTI Crude Oil market fell apart during the day on Friday, losing over 4% in closing that the absolute lows.
The US dollar was very noisy against the Japanese yen on Friday, as we continue to see a lot of volatility in global markets.
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Get the GBP/USD Forex signal for June 18, 2018 here.
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Gold prices settled at $1280.12 an ounce on Friday, falling 1.48% on the week, as a solid rebound in the U.S. dollar dented appetite for the yellow metal.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of June 17, 2018.