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 US dollar has rallied slightly during the trading session on Monday but gave back quite a bit of the gains as we are still very much stuck in a downtrend.
The S&P 500 pulled back a bit during the trading session on Monday, as we continue to see the 50 day EMA offer support.
The WTI Crude Oil market fell during most of the trading session on Monday as we continue to see a lot of volatility in the petroleum markets.
The US dollar has pulled back a bit against the Japanese yen, but also bounced to form a less than impressive negative candle stick.
Gold markets have pulled back slightly after gapping higher on Monday, showing signs of underlined pressure to the upside.
Get the NZD/USD Forex signal for January 28, 2019 here.
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Get the BTC/USD Forex signal for January 28, 2019 here.
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Get the USD/CAD Forex signal for January 28, 2019 here.
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Get the GBP/USD Forex signal for January 28, 2019 here.
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Bitcoin continues to grind sideways overall, as the $3500 level had offered support yet again on Friday.
The Euro has turned around completely during the day on Friday, wiping out the losses from the Thursday session in what has been a brutal reversal.