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 very volatile day during the session on Wednesday, as the FOMC Statement following the interest-rate decision of course caused quite a bit of volatility in the markets overall.The GBP/USD pair initially fell during the day on Wednesday, but found enough support at the 1.45 level to turn things around and form a bit of a hammer like candle.
The WTI Crude Oil market initially fell during the day on Wednesday, but found enough support at the $44 level to turn things back around and form a bit of a hammer. Natural gas markets shot higher during the course of the day on Wednesday, as we continue to see quite a bit in the way of bullish pressure.
The S&P 500 initially fell during the course of the session on Wednesday, testing the 2080 handle for support. The NASDAQ 100 initially fell during the course of the day on Wednesday, but turned around and ended up forming a bit of a hammer based upon the 4400 level.
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Gold rose slightly on Wednesday, following a Federal Reserve statement that signaled it was not in a hurry to tighten monetary policy.
Get the NZD/USD Forex signal for April 27, 2016 here.
Get the AUD/USD Forex signal for April 27, 2016 here.
Get the USD/JPY Forex signal for April 27, 2016 here.
The Euro rose initially during the course of the session on Tuesday, testing the 1.1350 level. The GBP/USD pair rose during the course of the day on Tuesday, clearing the 1.45 level.
USD/JPY pair initially fell during the course of the session on Tuesday, but turned back around to form a positive candle. The AUD/USD pair rose during the course of the day on Tuesday, as we tested the 0.7750 level.
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The S&P 500 initially tried to rally during the day on Tuesday but turned back around to form a bit of a shooting star. NASDAQ 100 fell during the day on Tuesday after initially trying to rally, but as you can see we did struggle and then drop down to the 4440 level during the day.
The WTI Crude Oil market rose slightly during the course of the session on Tuesday, testing the $44 level. The natural gas markets fell during the day, testing the $2 level yet again. This of course is a large number and therefore attracted a lot of attention.
Get the USD/CAD Forex signal for April 27, 2016 here.
Get the USD/CHF Forex signal for April 27, 2016 here.
Get the GBP/USD Forex signal for April 27, 2016 here.
Get the EUR/USD Forex signal for April 27, 2016 here.