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 Gold markets gapped higher to kick off the day on Wednesday, before pulling back and then shooting straight up in the air again.
AUDUSD: Bullish break above 0.7000 psychological level
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Since the beginning of this week’s trading, the EUR / USD pair has been in a bearish correction as the US dollar gained enough support
If the UK Services PMI results come out poor, it will be added to the weak results of the industrial sector
The price of an ounce of gold succeeded in compensating a large part of its losses during yesterday's trading session, as it rose by 35 dollars, and reached to the $1428 level an ounce at the time of writing.
Investors returned to buying safe havens again amid renewed fears that Trump would eventually impose stronger tariffs on China even after a truce was announced at the end of last week.
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USDCAD: Bears struggling; 1.3113 pivotal point
GBPUSD: Pound weakens as new pro-Brexit administration imminent
The Euro initially fell a bit during the trading session on Tuesday but then turned around to rally from the 50 day EMA to reach above the 1.13 level.
The S&P 500 went back and forth during the trading session on Tuesday, as we continue to try to figure out where we're going next.