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 very volatile session during the day on Monday, as we continue to worry about situations in China. The NASDAQ 100 had a very back and forth type the session as well, although it did form something closer to a hammer than a neutral candle.
The WTI Crude Oil market fell yet again during the session on Monday, slicing through the $32 level. The natural gas markets fell during the course of the day on Monday, slicing below the $2.40 level.
Gold prices ended Monday's session down $9.78, extending their losses to a second straight session, as strength in the U.S. dollar and a recovery in equities weighed on the market.
Get the NZD/USD Forex Signal for January 11, 2016.
Get the AUD/USD Forex Signal for January 11, 2016.
Get the USD/JPY Forex Signal for January 11, 2016.
Get the USD/CAD Forex Signal for January 11, 2016.
The S&P 500 initially tried to rally during the session on Friday as we got stronger than anticipated jobs numbers. The NASDAQ 100 initially tried to rally during the course of the session on Friday, testing the 4375 handle.
The USD/JPY pair fell significantly during the course of the day on Friday after initially trying to rally. Without a doubt, one of the weakest currencies that I am tracking right now is the Australian dollar.
Get the USD/CHF Forex Signal for January 11, 2016.
Get the GBP/USD Forex Signal for January 11, 2016.
Get the EUR/USD Forex Signal for January 11, 2016.
The EUR/USD pair initially fell during the day on Friday, in reaction to a stronger than anticipated jobs number. The GBP/USD pair fell significantly during the course of the day on Friday as the jobs number in America was quite a bit stronger than anticipated.
The WTI Crude Oil market initially tried to rally during the course of the day on Friday, but struggled at the $34 level. The natural gas markets rose during the course of the day on Friday, and as a result it looks like we are breaking above a significant downtrend line.
During the day on Friday, we broke down during the course of the session, as the Canadian dollar continues to sell off drastically.
