The S&P 500 initially tried to break down on Monday, turned around to rally again, but then rolled over at the 50 day EMA.
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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 US dollar went back and forth during the trading session on Monday, showing indecision.
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Gold markets initially fell during the trading session on Monday, but then turned around to recover a bit.
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On Monday, May 20, 2019, the markets will focus on the announcement of the economic calendar data, which usually results in changes in price movements.
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Last Friday, CPI figures were released in the Eurozone.
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Despite the recent trade tensions between the US and China, the USD / JPY pair is stabilizing around the 110.00 resistance level and the 110.31 level at the time of writing the analysis.
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For the fifth day in a row, gold prices moved downward towards support level at $ 1275 an ounce, with stronger gains for the US dollar
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AUDUSD analysis: surprise Australian election result boosts Aussie
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USDCAD unable to overcome resistance at 1.3500
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USDCHF supported above 1.0087 as risk appetite recovers
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