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 Euro initially tried to rally during the trading session on Monday, but then rolled over later in the day in what would be a somewhat illiquid environment
The US dollar rallied a bit against the Mexican peso during relatively quiet trading on Monday, as it was Martin Luther King Jr’s birthday, which is a national holiday in America.
The US dollar pulled back a bit during the trading session on Monday but did bounce a bit to turn things around.
The WTI Crude Oil market rallied slightly during the trading session on Monday, hanging just below the $55 level.
The S&P 500 fell slightly during the trading session on Monday, in Globex trading.
Gold futures dropped to kick off the week, piercing the $1280 level, but keeping things in perspective we need to appreciate the fact that it was Martin Luther King Jr. day in the United States, dropping liquidity drastically.
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The Euro has initially tried to rally during the trading session on Friday, after we formed a couple of hammers.