Get the USD/JPY Forex signal for November 16, 2016 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 USD/CAD Forex signal for November 16, 2016 here.
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Get the USD/CHF Forex signal for November 16, 2016 here.
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Get the GBP/USD Forex signal for November 16, 2016 here.
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Get the EUR/USD Forex signal for November 16, 2016 here.
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The EUR/USD pair rallied initially on Tuesday, but found the 1.08 level above to be far too resistive. The British pound fell on Monday, but did see a little bit of support near the 1.24 level.
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The USD/JPY pair initially fell during the session on Tuesday, as the 107.50 level offered quite a bit of support. The Australian dollar fell initially during the day on Tuesday, testing the previous uptrend line.
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The S&P 500 rally during the day on Tuesday, showing real signs of strength. The NASDAQ 100 bounced during the day on Tuesday, as the area continues to see quite a bit of volatility and more importantly, support below.
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The WTI Crude Oil market exploded to the upside, breaking above the top of the previous sessions hammer. The natural gas markets initially tried to rally during the course of the session on Tuesday but found the area above the $2.75 level to be far too resistive.
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Gold prices edged higher on Tuesday, snapping a three-day losing streak, as a retreat in the dollar sparked some short-side profit taking
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Get the NZD/USD Forex signal for November 15, 2016 here.
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Get the AUD/USD Forex signal for November 15, 2016 here.
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Get the USD/JPY Forex signal for November 15, 2016 here.
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Get the USD/CAD Forex signal for November 15, 2016 here.
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Get the USD/CHF Forex signal for November 15, 2016 here.
Technical Analysis