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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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Gold prices rose $3.54 an ounce on Wednesday as a sell-off in global equity markets lured investors to the perceived safety of the precious metal.
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Bonuses & Promotions
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Gold prices ended Tuesday’s session up $8.15 an ounce, supported by safe-haven demand. Global stock markets were mostly weaker as worries about corporate earnings, softening Chinese growth and Middle East tensions rattled investors.
The WTI Crude Oil market broke down significantly during the trading session on Tuesday as the Saudis have agreed to maximize output, putting some downward pressure on the market itself.