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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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Gold prices ended Wednesday’s session down $11.44, touching the lowest level in a month, as the dollar strengthened on the back of the better-than-expected U.S. data.
The EUR/USD pair fell on Wednesday, but has found a bit of support near the 1.1750 level. The British pound fell significantly during the day, testing the 1.34 level.
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Oil markets were reasonably quiet during the session on Wednesday, considering that we get an inventory number release, and although we initially pulled back, we turned around to form a hammer again.
The US dollar rallied significantly during the session on Wednesday, breaking towards the 113.25 level. The Australian dollar fell during the session, as it looks like we are going to go lower and look for support at the 0.78 handle.
The S&P 500 rallied significantly during the day on Wednesday, breaking above the 2500 level again.
Get the NZD/USD Forex signal for September 27, 2017 here.
Get the AUD/USD Forex signal for September 27, 2017 here.
Get the BTC/USD Forex signal for September 27, 2017 here.
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Get the USD/JPY Forex signal for September 27, 2017 here.
Get the USD/CAD Forex signal for September 27, 2017 here.
Get the GBP/USD Forex signal for September 27, 2017 here.
Get the EUR/USD Forex signal for September 27, 2017 here.
Gold prices ended Tuesday’s session down $5.84, weighed down by the strength in the greenback. Gold has recently come under pressure
The EUR/USD pair has continued the negative pressure during the trading session on Tuesday, as we have tested the 1.1750 level.