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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Gold prices ended Thursday’s session up $7.21 an ounce, snapping a four-day losing streak, as a retreat in the dollar sparked some short-side profit taking.
The WTI Crude Oil market has rallied a bit during the trading session on Thursday, on the back of a more bullish than anticipated inventory announcement.
The US dollar initially tried to rally on Thursday but found the area above the 107.50 level to be a bit too rich for the market.
The S&P 500 initially rally during the trading session on Thursday but continues to find trouble at the 20 SMA.
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The EUR/USD pair has rallied initially during the trading session on Wednesday, breaking above the 1.2350 level initially, before rolling over.
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The Bitcoin market fell during the trading session on Wednesday, reaching towards the $10,400 level.
The S&P 500 has initially tried to rally a bit during the session on Wednesday, but as the FOMC Meeting Minutes came out, the market rolled over and break down below the 2700 level.