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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 WTI Crude Oil market rallied a bit during the trading session on Friday, as the jobs number came out relatively bullish.
The US dollar initially tried to rally during the trading session on Friday, but as the jobs number came out sold off rather hard to reach down towards the bottom of the hammer from the Wednesday session.
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The S&P 500 rallied quite significantly during the trading session on Friday, after the jobs number came out.
The Gold markets rallied rather significantly during the trading session on Friday as we trying to fill the gap from the beginning of the Thursday session.
The Euro pulled back a bit during the trading session on Friday, but then shot higher after the jobs report.
Bitcoin markets had a very strong session during trading on Friday, after the jobs number came out, and there was a general “risk on” feeling around the world.
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The Euro initially tried to rally during the trading session on Thursday but gave back the gains as we continue to see a lot of selling pressure right around the 1.12 level.
The US dollar initially pulled back against the Mexican peso on Thursday, but then turned around to break higher and towards the downtrend line above.
The US dollar has rallied a bit during the trading session on Thursday but paired some of the gains towards the end of the day as we are simply hovering at the 50 day EMA.
The WTI Crude Oil market got absolutely hammered during the trading session on Thursday, as we reached down towards the 50 day EMA.
The S&P 500 went back and forth during the trading session on Thursday after initially gapping lower.