Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for April 10, 2017
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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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of April 10, 2017.
Check out the Forex forecast focusing on major currency pairs for the week of April 10, 2017 here.
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Gold prices rose in Asian trade on Friday after the U.S. launched missile strikes against Syria.
The EUR/USD pair continues to grind back and forth, as we find quite a bit of support at the 1.0650 level. The British pound went back and forth on Thursday as we continue to get choppy action in this pair.
The S&P 500 initially fell during the day on Thursday but found enough support at the 50-day exponential moving average to turn things around and form a hammer.
The WTI Crude Oil market rallied during the day on Thursday, reaching towards the top of the shooting star from the previous session. Natural gas markets went back and forth during the day on Thursday.
The US dollar fell initially during the day on Thursday, finding support at the same region that we have found it previously, and as a result we ended up forming a hammer.
Get the NZD/USD Forex Signal for April 6, 2017 here.
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Get the AUD/USD Forex Signal for April 6, 2017 here.
Get the USD/JPY Forex Signal for April 6, 2017 here.
Get the USD/CAD Forex Signal for April 6, 2017 here.
Get the USD/CHF Forex Signal for April 6, 2017 here.
Get the GBP/USD Forex Signal for April 6, 2017 here
The market had an interesting session on Wednesday as the battle between the bulls and bears intensified.