The EUR/USD pair fell slightly during the day on Tuesday as we continue to see a bit of a roll over in this pair. The GBP/USD pair fell significantly during the day on Tuesday, as the 1.2250 level has offered enough resistance to turn things around.
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The USD/JPY pair initially tried to rally on Tuesday, breaking above the 115 level. The Australian dollar fell during the day initially but found enough support at the 100-exponential moving average to bounce and form a hammer.
Get the NZD/USD Forex signal for March 14, 2017 here.
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Get the AUD/USD Forex signal for March 14, 2017 here.
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Get the Forex signal for the GBP/USD pair for March 14, 2017 here.
Get the EUR/USD Forex signal for March 14, 2017 here.
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The EUR/USD pair initially tried to rally on Monday but found the 100-day exponential moving average to be dynamic resistance. The GBP/USD pair rally during the day on Monday, testing the 1.2250 level.
The S&P 500 initially fell during the day on Monday, but turned around to form a hammer. The NASDAQ 100 initially fell during the day on Monday as well, but broke higher, testing the 5400 level.
The USD/JPY pair initially fell on Monday but turned around to form a positive candle. The Australian dollar rallied again during the session on Monday, as we continue to see strength in the currency.
The WTI Crude Oil market fell slightly during the day on Monday but turned around to form a bit of a hammer. Natural gas markets gapped higher at the open on Monday, and then fell directly to the $3 level.
Gold prices dropped $1.7 an ounce yesterday as a stronger dollar and gains in equity markets weighed on the metal and investors awaited outcome of the Federal Reserve’s policy meeting.
Get the NZD/USD Forex signal for March 13, 2017 here.