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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Get the NZD/USD Forex signal for October 16, 2018 here.
Get the AUD/USD Forex signal for October 16, 2018 here.
Get the USD/JPY Forex signal for October 16, 2018 here.
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Get the BTC/USD Forex signal for October 16, 2018 here.
Get the USD/CAD Forex signal for October 16, 2018 here.
Get the USD/CHF Forex signal for October 16, 2018 here.
Get the GBP/USD Forex signal for October 16, 2018 here.
Get the EUR/USD Forex signal for October 16, 2018 here.
The Euro gapped lower initially during the trading session on Monday to kick off the week, but then rallied towards the 1.16 level above.
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Bitcoin had an interesting session on Wednesday, initially spiking higher and breaking above the downtrend line that we have seen on the chart for so long.
The US dollar initially fell against the Japanese yen during trading on Monday, testing the ¥111.50 level, which is also the scene of the 61.8% Fibonacci retracement level from the most recent rally.
Monday was a wild session for crude oil, simply because as we started out the trading session, energy markets gapped higher as tensions between the United States and Saudi Arabia picked up.
The S&P 500 has been very choppy during the trading session on Monday as we kick off the week.
Gold prices ended Monday’s session up $9.89 an ounce, supported by safe-haven demand and technical buying.
Get the NZD/USD Forex signal for October 15, 2018 here.