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 EUR/USD Forex signal for May 17, 2017 here.
Gold prices rose $5.91 an ounce on Tuesday as a pullback in U.S. stock indexes prompted investors to move away from risky assets and to rush to safe havens.
Get the NZD/USD Forex signal for May 16, 2017 here.
Get the AUD/USD Forex signal for May 16, 2017 here.
Get the USD/JPY Forex signal for May 16, 2017 here.
The EUR/USD pair rally during the day on Monday, reaching towards the 1.10 level. The British pound tried to rally during the day but found resistance above the 1.29 level, turning things around and forming a shooting star.
The WTI Crude Oil market rallied on Monday, showing signs of strength as we tried to go to the $50 handle. Natural gas markets fell during the day after initially tried to rally on Monday, but found the area a bit too lofty.
The US dollar rallied against the Japanese yen during the session on Monday, as the 113.50 level has offered support. The Australian dollar rallied during the day on Monday, but found quite a bit of resistance near the 0.7450 level.
The S&P 500 rallied during the session on Monday, breaking above the 2400 level. The NASDAQ 100 rallied on Monday, breaking above the 5700 level.
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Get the USD/CAD Forex signal for May 16, 2017 here.
Get the USD/CHF Forex signal for May 16, 2017 here.
Get the GBP/USD Forex signal for May 16, 2017 here.
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Gold prices ended Monday’s session up $2.26, extending their gains to a third straight session, as the dollar eased after U.S. manufacturing data came in weaker than expected.
Get the NZD/USD Forex signal for May 15, 2017 here.