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 S&P 500 fell during the course of the day on Tuesday, breaking the bottom of not only the hammer from the Monday session, but the bottom of the shooting star from the Friday session. The NASDAQ 100 fell during the course of the session on Tuesday as well, breaking below the bottom of the hammer from the Monday session.
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The S&P 500 went back and forth during the day on Monday, ultimately breaking above the 2000 level towards the end of the day. The NASDAQ 100 fell significantly during the day but found quite a bit of support at the 4270 level
The WTI Crude Oil market broke higher during the course of the day on Monday, as we are testing the $38 level. The natural gas markets tried to rally during the day on Monday but found the area above the $1.70 level to be a bit too resistive to continue going higher.
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The EUR/USD pair initially fell during the course of the session on Monday, but turned back around to form a bit of a hammer. The GBP/USD pair initially fell during the day on Monday as well, but turned back around to form a hammer.
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