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 rallied against the Japanese yen again during the day on Tuesday, but did give back about half the gains, which of course isn’t necessarily the strongest of signals.
The S&P 500 initially dipped slightly during the trading session on Tuesday but found plenty of support at the 2700 level.
Gold markets fell slightly during the trading session on Tuesday to kick off trading, reaching down towards the $1307 level.
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The WTI Crude Oil market initially fell hard during the trading session on Monday, but we have seen support below the $52 level yet again.
The US dollar rallied a bit during the trading session on Monday, breaking above the 61.8% Fibonacci retracement level.
The S&P 500 initially tried to rally during the trading session on Monday, but then rolled over as we could not pick up any momentum as we await the results of the US/China trade negotiations.
Gold markets pulled back slightly to kick off the trading session on Monday, as traders came back from the weekend.