Sterling remained weak against the euro, dollar, and other currencies early this week after Bank of England Governor Andrew Bailey reminded financial markets of what is increasingly an uncertain bank rate outlook.
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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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The buy trade of the recommendation was activated yesterday, and a profit was exited with moving the stop loss point to the entry point and closing half of the contracts.
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Spot natural gas prices (CFDS ON NATURAL GAS) stabilized at a decline during the recent trading at the intraday levels, to achieve slight daily gains until the moment of writing this report,
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The Dow Jones Industrial Average continued to rise during its recent trading at the intraday levels, to achieve gains for the fourth consecutive session, by 0.97%, to gain about 338.30 points.
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The S&P 500 has spent most of the month rallying in the face of a whole slew of issues.
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The West Texas Intermediate Crude Oil market was very noisy during the month of March, so we need to be very cautious about jumping “all in”.
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The NASDAQ 100 rallied during March, breaking above the 15,000 level again.
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The British pound has had a rough March, as we have fallen hard, bounced, and then turned around to fall hard yet again.
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The euro had another weak showing for the month of March, as we had previously been selling off.
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Gold markets were very choppy during March but are sitting on a major support level.
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DOGE/USD has been able to achieve gains the past two weeks of trading, but short-term selling has been seen due perhaps to profit taking.
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ETH/USD has stayed within sight of short-term highs, as the cryptocurrency has displayed an ability to sustain its gains and not falter wildly.
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The Australian dollar initially collapsed on Wednesday but then turned around to show signs of life yet again.
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The S&P 500 continues to run straight up in the air in what will almost certainly be thought of as a “melt-up.”
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Litecoin markets went back and forth on Wednesday as we are trying to catch our breath after a bigger move higher.
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