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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Get the GBP/USD Forex signal for May 24, 2017 here.
Get the EUR/USD Forex signal for May 24, 2017 here.
Gold prices fell $9.20 an ounce yesterday, erasing the gains made in the previous session, as the dollar strengthened and traders locked in profits ahead of the release of the minutes from the Federal Reserve’s May 2-3 policy meeting.
Get the NZD/USD Forex signal for May 23, 2017 here.
Get the AUD/USD Forex signal for May 23, 2017 here.
Get the USD/JPY Forex signal for May 23, 2017 here.
The EUR/USD pair initially fell during the session on Monday, but found support at the 1.1150 reason to turn around and bounce above the 1.12 handle.
The WTI Crude Oil market gapped higher at the open on Monday, as it was announced that the Saudi Arabian oil minister believes that most, if not all OPEC members are willing to extend the production cuts.
The USD/JPY pair initially tried to rally on Monday, but turned around to fall significantly. The Australian dollar had a positive session after initially falling, and finding support.
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The S&P 500 continues to rally, as the Monday session was very bullish. The NASDAQ 100 rallied again during the day on Monday, reaching towards the 5700 level, an area that of course has a certain amount of psychological resistance.
Get the USD/CAD Forex signal for May 23, 2017 here.
Get the USD/CHF Forex signal for May 23, 2017 here.
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Get the EUR/USD Forex signal for May 23, 2017 here.
Gold started the week on a positive note, testing the $1265/1 area after the market found support just above the $1250 level.