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 S&P 500 initially fell during the session on Monday, but turned around to form a bullish candle. The NASDAQ 100 fell slightly during the day on Monday, but found the 5900-level underneath to be supportive enough to turn things back around.
The US dollar initially fell against the Japanese yen during the day on Monday, but found enough support near the 110.50 level underneath. The Australian dollar initially tried to rally during the day on Monday, but gave back most of the gains.
The WTI Crude Oil market rallied during the day on Monday, showing signs of resiliency again after the Saudi Arabian ministers suggested that they are willing to cut production even further.
Get the USD/JPY Forex signal for July 25, 2017 there.
Get the USD/CAD Forex signal for July 25, 2017 here.
Get the GBP/USD Forex signal for July 25, 2017 here.
Get the EUR/USD Forex signal for July 25, 2017 here.
Gold prices ended Monday’s session nearly unchanged after shuffling between gains and losses as investors took a cautious stance ahead of the Federal Open Market Committee’s two-day policy meeting which kicks off today.
Gold prices are slightly lower in afternoon New York trading, suffering from a bounce in the U.S. dollar index
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The EUR/USD pair continue to rally on Friday, as we have broken out over the last several sessions. The British pound broke out during the week, but since then has fallen below the 1.30 level.
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The WTI Crude Oil market initially tried to rally during the day on Friday but found enough resistance at the $47 level. Natural gas markets slicing through the $3.00 level during the day suggests to me that we are ready to go back towards the bottom of the recent consolidation which I see as the $2.85 level.
The S&P 500 has initially tried to rally during the session on Friday, but fell significantly to reach towards the 2460 level. The NASDAQ 100 has pulled back during the day on Friday but turned around to form a hammer as well.