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.
The S&P 500 had a tough session on Monday, dropping down below the 2150 level. The NASDAQ 100 initially fell during the day but you can see that the 4800 level below is massively supportive, so given enough time there should be buyers that reenter this market and push higher.
The US dollar fell against the Japanese yen during the course of the day on Monday, as we continue to grind our way towards the 100 level below. The Australian dollar rally during the course of the session on Monday, reaching above the 0.76 level.
The WTI Crude Oil market had a very volatile session during the course of the day on Monday, but ended up showing a fairly positive candle. The natural gas markets rose during the course of the session on Monday, testing the $3 level.
Get the NZD/USD Forex signal for September 26, 2016 here.
Get the AUD/USD Forex signal for September 26, 2016 here.
Get the USD/JPY Forex signal for September 26, 2016 here.
Get the USD/CAD Forex signal for September 26, 2016 here.
Get the USD/CHF Forex signal for September 26, 2016 here.
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.
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.
