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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 initially dipped a bit during the day on Friday but turned around to explode to the upside.
Bitcoin initially rallied during the day on Friday but started to run into resistance at the $7600 level again.
The S&P 500 has been very volatile during the trading session on Friday, mainly in reaction to Donald Trump tweeting that he believes that the Federal Reserve should keep interest rates lower
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The US dollar has fallen significantly during the trading session on Friday, reaching towards the ¥111.50 level.
The WTI Crude Oil market gapped lower to start the day on Friday, but then rallied.
Gold prices rose 0.64% on Friday, posting the first gain in six sessions, and settled at $1231.49 an ounce as the dollar fell after President Donald Trump said he’s not thrilled by recent interest rate hikes by the Federal Reserve and objected to a strong dollar.
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Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of July 23, 2018.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of July 23, 2018.