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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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The USD/CHF pair initially fell during the course of the day on Tuesday, but found enough support below to turn things back around and form a nice-looking hammer.
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The USD/NOK pair fell during the course of the session on Tuesday, as we broke down below the bottom of the shooting star from Monday.
The AUD/NZD pair fell initially during the course of the day on Tuesday, but found quite a bit of buying below the 1.10 level to turn things back around and form a hammer.
The GBP/USD pair initially tried to rally during the course of the session on Tuesday, but found the 1.52 level to be far too resistive to continue going higher.
The CAD/CHF pair initially fell during the course of the session on Tuesday, but found enough support near the 0.72 level to turn things back around and form a bit of a hammer.
Gold prices dropped for a third day and settled at $1127.18 an ounce, losing $4.77, as upbeat U.S. economic data fanned concerns about higher interest rates.
Get the NZD/USD Forex signal for September 29, 2015 here.
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Get the AUD/USD Forex signal for September 29, 2015 here.
Get the USD/JPY Forex signal for the September 29, 2015 here.
Get the USD/CHF Forex Signal for September 29, 2015 here.
Get the GBP/USD Forex signal for September 29, 2015 here.
Get the EUR/USD Forex signal for September 29, 2015 here.
Gold prices dropped $13.57 an ounce yesterday, extending losses into a second session, as concern about the strength of the global economy and the timing of a U.S. interest rate hike kept pressure on commodity prices.