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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 Euro initially fell during trading again on Friday but found enough support to turn things around and form a hammer.
Bitcoin did very little again during the day on Friday, as we continue to hover around the $6500 level.
The US dollar fell against the Japanese yen on Friday, as we continue to see a bit of a flight to safety overall.
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The WTI Crude Oil market has bounced off the major trendline that I have marked on the daily chart.
The S&P 500 got hammered during the trading session again on Friday but bounced nicely from the 2650 handle.
Gold prices settled at $1233.54 an ounce on Friday, scoring a gain of 0.46% on the week, as rising volatility in global equity markets bolstered demand for gold.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of October 28, 2018.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 28, 2018 here.
Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of October 28, 2018 here.