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 rallied a bit during the day on Wednesday as the inventory number was a bit mixed.
Get the USD/JPY Forex signal for August 3, 2017 here.
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Get the GBP/USD Forex signal for August 3, 2017 here.
Get the EUR/USD Forex signal for August 3, 2017 here.
Gold prices fell $2.33 an ounce on Wednesday, moving away from a six-week high struck the previous day.
Gold prices are slightly higher in U.S. trading Wednesday, following the disappointing ADP jobs report.
The Australian dollar had a very bullish July, as we have sliced through the 0.7750 level, and then broke above the 0.80 level.
Gold markets initially fell during the month, but found enough support just above the $1200 level.
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The WTI Crude Oil market has bounced significantly during the month of July, using the $49.50 support level yet again.
The EUR/USD pair has been rather quiet during most of the July session, but the market eventually rallied enough to reach towards the 0.90 level.
The GBP/USD pair showed signs of strength yet again during the month, as we broke above the 1.30 level.
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