Unexpectedly, the USD/JPY loses extended to almost 200 points, after the Federal Bank announced to raise the US rates, and mentioned that they are ready for two more rate hikes during the year.
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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Before the Federal Bank announced raising the US interest rates, the Gold prices were around 1200$ an ounce.
Get the USD/CAD Forex signal for March 16, 2017 here.
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Get the USD/CHF Forex signal for March 16, 2017 here.
Get the GBP/USD Forex signal for March 16, 2017 here.
Get the EUR/USD Forex signal for March 16, 2017 here.
Gold prices ended Wednesday’s session up $20.45 as a softer dollar lured investors back into the market.
Get the NZD/USD Forex Signal for March 15, 2017 here.
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Get the USD/JPY Forex Signal for March 15, 2017 here.
Get the USD/CAD Forex Signal for March 15, 2017 here.
Get the USD/CHF Forex Signal for March 15, 2017 here.
Get the GBP/USD Forex Signal for March 15, 2017 here.
Get the EUR/USD Forex Signal for March 15, 2017 here.
Gold prices ended Tuesday’s session down $5.01 but remained within the trading range of the past four days.