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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 EUR/USD pair fell again during Friday trading, breaking down below the 1.1950 level.
Bitcoin did very little against the US dollar during the trading session on Friday, as the world focused on the jobs number in America.
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The US dollar fell initially against the Japanese yen during training on Friday as the jobs report came out and rocked the market as per usual
The S&P 500 initially fell during the trading session on Friday but turned around to reach to the upside.
The WTI Crude Oil market initially fell during the session on Friday, but then exploded to the upside, slamming into the $70 level.
Gold ended the week down $8.12 at $1314.59 an ounce, recoding a third consecutive weekly loss, as the recent solid rally in the U.S. dollar index continued to curtail buying interest in the market.
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Get the USD/CAD Forex signal for May 7, 2018 here.
Get the GBP/USD Forex signal for May 7, 2018 here.
Get the EUR/USD Forex signal for May 7, 2018 here.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of May 7, 2018.
Check out the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of May 7, 2018.
Get the Weekly Forex Forecast for the week of May 7, 2018 here.