The WTI Crude Oil market broke higher during the trading session on Monday, clearing the lot of the resistance that we had seen.
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 has rallied a bit during the trading session against the Japanese yen, slamming into the ¥111.50 level.
The S&P 500 took off like a rocket during the trading session on Monday, gapping higher and then shooting to a fresh, new high.
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Gold markets initially tried to rally during the day on Monday but then turned around to drift a bit lower to test the lows from Friday yet again.
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The Euro has been beaten up pretty significantly during the trading month of March, but as we close out the month we are still sitting above the crucial 1.12 level.
The US dollar has been very choppy against the Japanese yen during the month of March, as we have no idea which direction we are going to go.
The New Zealand dollar has been very choppy over the last several months but has been drifting higher.
The British pound has gone back and forth during the course of the month for March, as the ¥144 level has offered a major support, while the 148 level has caused a significant amount of resistance.