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.
Most Recent
Get the GBP/USD Forex signal for September 26, 2016 here.
Get the EUR/USD Forex signal for September 26, 2016 here.
The Euro initially fell during the day on Friday, but turned around to form a slightly positive candle. The British pound of course got a hammer during the Friday session, as we continue to punish the Pound for the exit vote.
Top Forex Brokers
The WTI Crude Oil market initially tried to rally during the day on Friday but turned around and fell rather significantly. The natural gas markets fell during the course of the day on Friday, but found enough support to turn around and form a hammer.
The USD/JPY pair rallied a bit during the day on Friday, but we continue to meander right around the 101 level. The Australian dollar fell a bit during the day on Friday, breaking the bottom of a shooting star that had formed on Thursday.
During the day on Friday, the S&P 500 fell a bit as we tested the 21.65 level for support. The NASDAQ 100 fell during the course of the session on Friday, but we are still well above the breakout point, and as a result I feel it’s only a matter of time for the buyers return.
Gold prices settled at $1337.60 an ounce on Friday, gaining 2.13% on the week, as the dollar came under pressure after the Federal Reserve held interest-rates unchanged at its monetary policy meeting.
Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of September 26, 2016
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of September 25, 2016.
Bonuses & Promotions
Check out DailyForex.com's weekly Forex forecast featuring some of the currency pairs that is important to focus on this week of September 26, 2016 here.
The S&P 500 rallied during the course of the session on Thursday, grinding its way into the resistance barrier above. The NASDAQ 100 broke higher during the course of the session on Thursday, making fresh, new highs.
The WTI Crude Oil market broke higher during the course of the session on Thursday, as we continue to see bullish pressure enter this market. The natural gas markets fell during the course of the session on Thursday, testing the $3 level.
The US dollar bounced off of the 100 level against the Japanese yen during the session on Thursday, as this area continues to be a bit of a “line in the sand” when it comes to the Bank of Japan. The Australian dollar initially rallied during the day on Thursday, but turn right back around to form a bit of a shooting star.
The EUR/USD pair initially rallied during the session on Thursday, and then found resistance to turn the thing back around. The British pound rallied a bit during the course of the session on Thursday.
Gold prices rose to a two-week high yesterday, benefiting from a weaker dollar.