Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of August 6, 2018.
Technical Analysis
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 Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 6, 2018 here.
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Get the Forex forecast for the week of August 6, 2018 focusing on the major pairs to pay attention to this week.
Technical Analysis
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The Euro fell rather hard during the trading session on Thursday, slicing through the 1.16 level, which is an area of short-term support and technically a break of the symmetrical triangle that I have on the chart.
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Bitcoin fell again during the trading session on Thursday, reaching below the $7500 level one point.
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The US dollar fell initially during the trading session on Thursday but found support near the ¥111.25 level.
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The WTI Crude Oil market has fallen initially during the day on Thursday, reaching towards the $67 level.
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The S&P 500 initially fell during the trading session on Thursday, breaking down below the 2800 level before finding plenty of support near the 2790 handle
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Gold prices fell $8.43 an ounce on Thursday, extending losses to a second session, as a strengthening dollar pressured the market and fueled downside momentum.
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Get the NZD/USD Forex signal for August 2, 2018 here.
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Get the AUD/USD Forex signal for August 2, 2018 here.
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Get the USD/JPY Forex signal for August 2, 2018 here.
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Get the BTC/USD Forex signal for August 2, 2018 here.
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Get the USD/CAD Forex signal for August 2 2018 here.
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Get the USD/CHF Forex signal for August 2, 2018 here.
Technical Analysis