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 US dollar fell during trading on Friday after the jobs number came out, as there was more of a “risk on” attitude initially.
The US dollar has rallied slightly during the trading session on Friday, as we got the jobs number in the United States at this point, it looks very likely that we are going to continue to struggle to go anywhere without some type of catalyst.
The S&P 500 has rallied again during the trading session on Friday after the jobs number came out.
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Gold markets fell initially during the trading session on Friday, just as we did on Thursday.
The Euro went back and forth during the trading session on Friday as you would expect because of the jobs figures in America being released.
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The Euro fell hard during the trading session on Thursday, reaching down to the 1.12 level which is crucial support longer term.
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The US dollar rallied a bit during the trading session on Thursday, breaking above the top of the Wednesday candle stick which of course is a very bullish sign
The S&P 500 had a fairly quiet session on Thursday, which makes quite a bit of sense considering that the jobs number comes out on Friday, it of course we are approaching a major round figure in the form of 2900.
The WTI Crude Oil market had a slightly negative trading session during the day on Thursday, as we may have gotten a bit ahead of ourselves.
The US dollar initially tried to rally against the South African Rand and many other currencies around the world during trading on Thursday.
As the Thursday session was very volatile, when I look at the hammer that has formed, it’s easy to see that the buyers certainly made a statement during the trading session on Thursday.
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