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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 rallied a bit during the day on Friday, breaking above the 1.18 level. The British pound initially fell on Friday, but just as we saw on both Wednesday and Thursday, found buyers underneath the 1.34 region.
The WTI Crude Oil market initially pulled back on Friday, but turned around and form a hammer to show signs of resiliency.
The US dollar went sideways against the Japanese yen after both rallying and falling during the Friday session. The Australian dollar fell on Friday, but turned around and form a hammer just as it did on Thursday.
The S&P 500 broke higher on Friday, clearing the 2515 level handling. Initially, the Dow Jones pulled back on Friday, but found more than enough support near the 22,325 level to turn around and start rallying again.
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Get the GBP/USD Forex signal for October 2, 2017 here.
Get the EUR/USD Forex signal for October 2, 2017 here.
Gold prices settled at $1279.33 an ounce on Friday, suffering a loss of 1.41% on the week and 3.19% over the month.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 1, 2017.