Get the USD/CHF Forex Signal for April 4, 2017 here.
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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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Get the GBP/USD Forex Signal for April 4, 2017 here.
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Get the EUR/USD Forex Signal for April 4, 2017 here.
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The EUR/USD pair had a very quiet session on Monday, essentially treading water near the 1.0650 level. The British pound fell again during the Monday trading session as we continue to bounce around and essentially make no real headway in either direction.
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Oil markets were very volatile during the day on Monday, as we retraced all the gains from Friday. The natural gas markets initially tried to rally on Monday but found far too much in the way of resistance to continue going higher.
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The USD/JPY pair fell on Monday, slicing through the 200-exponential moving average again. The Australian dollar fell below the 50-day exponential moving average on Monday, as traders came back and sold off risk assets in general
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The S&P 500 fell rather hard during the day on Monday but ended up finding buyers late in the afternoon. The NASDAQ 100 also fell initially during the day on Monday but found enough support near the 5400 level to turn around and form a hammer.
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The US Dollar recovered ground in trading in Europe as investors await some clarity on the US economic strength after mixed data added to the general uncertainty.
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Get the NZD/USD Forex Signal for April 3, 2017 here.
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Get the AUD/USD Forex Signal for April 3, 2017 here.
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Get the USD/JPY Forex Signal for April 3, 2017 here.
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Get the USD/CAD Forex Signal for April 3, 2017 here.
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Get the USD/CHF Forex Signal for April 3, 2017 here.
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Get the GBP/USD Forex Signal for April 3, 2017 here.
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Get the EUR/USD Forex Signal for April 3, 2017 here.
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