Gold prices dropped $9.12 on Wednesday as the dollar extended its rally. Easing geopolitical concerns dulled desire for safe haven diversification and pushed major U.S. stock indexes to fresh records.
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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Gold edged higher on Tuesday, recovering a portion of the previous day’s losses, as the dollar pared gains.
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Get the AUD/USD Forex signal for September 13, 2017 here.
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The EUR/USD pair fell a bit at the open on Tuesday, but turned around to form a hammer candle.
The S&P 500 had another bullish session on Tuesday, as we continue to reach toward the 2500 level.
The WTI Crude Oil market had a slightly negative open to the session on Tuesday, but turned around and formed a hammer to reinforce the hammer from the Monday session.
The Australian dollar fell to the psychologically important 0.0 level during the Tuesday trading session, which is an area that needs to hold.
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Get the USD/JPY Forex signal for September 13, 2017 here.
Get the USD/CAD Forex signal for September 13, 2017 here.
Get the GBP/USD Forex signal for September 13 2017 here.
Get the EUR/USD Forex signal for September 13, 2017 here.
Check out the NZD/USD Forex signal for September 12 2017 here.
Get the AUD/USD Forex signal for September 12, 2017 . here.