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 been bearish against the Japanese yen during the Friday trading session, as the market continued to dance around the ¥110.50 level.
The S&P 500 has opened the week slightly positive in the CFD market, showing a continuation of the bullish pressure that we saw during the Friday session.
Gold ended the week up $3.02 at $1254.45 an ounce, breaking a three-week losing streak, as a correction in the U.S. dollar index triggered some short-side profit taking.
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The EUR/USD pair rallied significantly during trading on Thursday, reaching towards the 1.17 level and even the 1.1725 level after that.
Bitcoin tried to rally again during the day on Thursday, but as we have seen many times over the last couple of months, could not keep the gains.
The US dollar has rallied significantly during the trading session on Thursday, breaking above the top of the shooting star from Wednesday, which of course is a bullish sign.
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The S&P 500 tried to rally during the session on Thursday, but essentially ended up going back and forth as there is no clear route forward.
The WTI Crude Oil market has been very noisy in general, initially trying to break the $75 level above which of course is psychologically important.
Gold prices rose slightly on Thursday as the dollar came under pressure after the ADP private jobs data fell short of market forecasts.
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