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 EUR/USD pair initially tried to rally during the trading session on Tuesday but found the 50-day EMA resistive not to roll over and break down.
Bitcoin traders rallied during the day on Tuesday, gaining about 6%.
The WTI Crude Oil market bounced over 1% during the trading session on Tuesday, partly in reaction to the oversold condition that Monday left us in, but also as we went reaching towards the uptrend line.
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The US dollar initially dipped a bit lower at the open on Tuesday, then exploded to the upside as stock traders rallied.
The S&P 500 rallied a bit during the trading session on Tuesday, breaking above the 2600 level.
Get the NZD/USD Forex Signal for April 3, 2018 here.
Get the AUD/USD Forex Signal for April 3, 2018 here.
Get the BTC/USD Forex Signal for April 3, 2018 here.
Get the USD/JPY Forex Signal for April 3, 2018 here.
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Get the USD/CAD Forex Signal for April 3, 2018 here.
Get the GBP/USD Forex Signal for April 3, 2018 here.
Get the EUR/USD Forex Signal for April 3, 2018 here.
Gold prices rose $15.28 an ounce on Monday as the U.S. dollar and equities weakened after China imposed tariffs on a range of U.S. goods.
The EUR/USD pair tried to rally initially during the trading session on Monday, but rolled over at the 1.2350 level, and the 50 EMA.
Bitcoin rallied slightly against the US dollar on Monday but continues to be very soft in general.