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 S&P 500 broke down significantly during the trading session on Thursday as we may have gotten a bit over stretch.
Gold markets fell a bit during the trading session on Thursday, reaching down towards the $1280 level before turning around to form a bit of a hammer.
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The Euro has gone back and forth during the trading session in choppy action on Wednesday, as we simply have no directionality over the last 24 hours.
The US dollar rallied against the Mexican peso during trading on Wednesday, reaching towards the vital 200 day EMA.
The US dollar has drifted a bit lower during the trading session on Wednesday but did recover right along with the S&P 500, as we have seen the two markets move lockstep lately.
The S&P 500 initially tried to rally during the trading session on Wednesday, but then rolled over significantly, especially late in the day.
The WTI Crude Oil market fell significantly during the trading session on Wednesday after a very poor inventory figures came out.