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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Bitcoin continues to look lackluster at best, as we have bounced 0.75% during the day on Wednesday.
The US dollar has rallied rather explosively against the Japanese yen during trading on Wednesday, breaking towards the ¥112 level.
The WTI Crude Oil market has fallen drastically during the trading session on Wednesday, losing 4.5% as I record this.
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The S&P 500 initially fell during the day, as we have continued to see a lot of noise around the potential trade war.
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Get the AUD/USD Forex signal for July 11, 2018 here.
Get the USD/JPY Forex signal for July 11, 2018 here.
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The Euro fell initially during the trading session on Tuesday but found enough support near the 1.17 level to turn around of form a hammer.
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Bitcoin fell significantly during trading again on Tuesday, as the $6800 level has offered significant resistance.
The US dollar rallied against the Japanese yen during the trading session on Tuesday, breaking above the ¥111 level.
The WTI Crude Oil market initially rallied during the day on Tuesday but continues to find plenty of selling orders at the $75 level.
The S&P 500 has rallied significantly during the day on Tuesday, as it wasn’t so much the distance traveled, but more the area that we are pressing up against.
Get the USD/CAD Forex signal for July 11, 2018 here.
Get the USD/CHF Forex signal for July 11, 2018