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 WTI Crude Oil market has gone back and forth during the session on Wednesday, but eventually found buyers.
The S&P 500 went sideways during the trading session on Wednesday, reaching towards the 2700 level.
Get the NZD/USD Forex signal for May 16, 2018 here.
Get the AUD/USD Forex signal for May 16, 2018 here.
Get the BTC/USD Forex signal for May 16, 2018 here.
The Euro broke down significantly against the US dollar during the day on Tuesday, as the 10-year yield reached above the vital 3.06% level.
Bitcoin markets initially tried to rally during the day on Tuesday but found the $9000 region to be a bit too resistive.
The US dollar has rallied significantly during the day on Tuesday, breaking above the psychologically important ¥110 level.
The WTI Crude Oil market had a volatile session during trading on Tuesday, initially trying to go higher but finding enough resistance at the $72 level to turn things around.
Bonuses & Promotions
The S&P 500 break down a bit during the day on Tuesday, reaching down towards the 2700 level.
Gold prices ended Tuesday’s session down $22.63 an ounce, extending losses to a third straight session, as rising bond yields and a strong U.S. dollar abated investor appetite for the precious metal.
Get the USD/JPY Forex signal for May 16, 2018 here.
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