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 WTI Crude Oil market rallied slightly during the trading session on Monday, hanging just below the $55 level.
The S&P 500 fell slightly during the trading session on Monday, in Globex trading.
Gold futures dropped to kick off the week, piercing the $1280 level, but keeping things in perspective we need to appreciate the fact that it was Martin Luther King Jr. day in the United States, dropping liquidity drastically.
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The Euro has initially tried to rally during the trading session on Friday, after we formed a couple of hammers.
The US dollar has rallied a bit during the trading session on Friday, as we have seen a bit of US dollar strength overall.
The US dollar has rallied significantly during trading on Friday, reaching towards the psychologically and structurally important ¥110 level.
The WTI Crude Oil market broke higher during the trading session on Friday, slicing through the 50 day EMA which of course is a very bullish sign and could have Algo traders jump in.