Gold prices fell for a fifth straight session on Thursday as the dollar edged higher after the Federal Reserve indicated that it plans to continue raising interest rates at a gradual pace.
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 Euro initially tried to rally on Thursday but then broke down rather significantly as the Federal Reserve has reiterated its desire to raise interest rates.
Bitcoin markets drifted a bit lower during trading on Thursday, as the crypto currency markets continue to be very choppy and sideways from a longer-term standpoint.
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The S&P 500 pulled back slightly during the trading session on Thursday, as we slammed into significant resistance.
The US dollar rallied significantly during trading on Thursday as the Federal Reserve has left rates on hold.
The WTI Crude Oil market initially tried to rally during the trading session on Thursday but found resistance again at the $62.50 level.
Get the NZD/USD Forex signal for November 8, 2018 here.
Get the AUD/USD Forex signal for November 8, 2018 here.
Get the USD/JPY Forex signal for November 8, 2018 here.
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Get the BTC/USD Forex signal for November 8, 2018 here.
Get the USD/CAD Forex signal for November 8, 2018 here.
Get the USD/CHF Forex signal for November 8, 2018 here.
Get the GBP/USD Forex signal for November 8, 2018 here.
Get the EUR/USD Forex signal for November 8, 2018 here.
Gold prices ended Wednesday’s session down $0.61 an ounce as rising stock markets dented the appeal of the safe-haven metal.