Get the EUR/USD Forex Signal for April 6, 2017 here.
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 the day on Wednesday but yet again found support at the 1.06 handle. The British pound spent the day making a positive candle, completely wiping out losses from the Tuesday session.
The S&P 500 tried to rally most of the day on Wednesday, and made quite a bit of headway. The NASDAQ 100 initially trying to break out and actually continue the massive uptrend that we have been in.
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The USD/JPY pair tried to rally during the day on Wednesday, but found the far too much in the way of resistance at the 200-exponential moving average.
The WTI Crude Oil market had a very bullish beginning to the day on Wednesday, but ran into a bit of resistance near the $52 level, and the 50-day exponential moving average.
The US Dollar continues to try to hold on to earlier gains versus the Japanese Yen, as the pressure continues to weigh after a ballistic missile was fired by North Korea just as the US-Sino Summit looms.
Get the NZD/USD Forex Signal for April 5, 2017 here.
Get the AUD/USD Forex Signal for April 5, 2017 here.
Get the USD/JPY Forex Signal for April 5, 2017 here.
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Get the USD/CAD Forex Signal for April 5, 2017 here.
Get the USD/CHF Forex Signal for April 5, 2017 here.
Get the GBP/USD Forex Signal for April 5, 2017 here.
Get the EUR/USD Forex Signal for April 5, 2017 here.
Gold prices rose for a third straight session on Tuesday and settled at $1256.06 an ounce as the dollar weakened.
The EUR/USD pair initially fell on Tuesday, but found enough support near the 1.0650 level to turn things around and show signs of support again.