Get the NZD/USD Forex signal for May 1, 2017 here.
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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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Get the AUD/USD Forex signal for May 1, 2017 here.
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Get the USD/JPY Forex signal for May 1, 2017 here.
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The EUR/USD pair rallied on Monday, continuing the consolidation that we have seen all the week. The British pound rallied during the day on Friday, reaching towards the 1.30 level.
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The S&P 500 fell slightly during the session on Friday as we ran into a bit of exhaustion. The NASDAQ 100 did very little during the session, as the market ran into a bit of resistance near the 5600 level.
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The WTI Crude Oil market initially tried to rally during the session on Friday, but found enough resistance just below the $50 level. Natural gas markets rallied on Friday, clearing the $3.25 handle.
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The Australian dollar initially fell on Friday but found enough support at the 50% Fibonacci retracement level, essentially the 0.7450 level, to bounce and form a positive candle.
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Get the USD/CAD Forex signal for May 1, 2017 here.
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Get the USD/CHF Forex signal for May 1, 2017 here.
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Get the GBP/USD Forex signal for May 1, 2017 here.
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Get the EUR/USD Forex signal for May 1, 2017 here.
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Gold logged a second straight weekly loss on Friday as a series of upbeat earnings reports bolstered appetite for risk.
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Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for May 1, 2017
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of May 1, 2017.
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Check out the Forex forecast focusing on major currency pairs for the week of May 1, 2017 here.
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