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 drifted a bit lower during trading on Tuesday but found enough support to turn around and rallied again.
Bitcoin markets went back and forth during the trading session on Monday, as the Bitcoin/US dollar market hovers around the $9100 level.
The US dollar initially rallied against the Japanese yen, reaching towards the 107 handle, but then turned around to fall and form a shooting star.
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The S&P 500 initially tried to rally during the trading session on Tuesday but found the 2800 level to be far too resistive to continue to go higher.
The WTI Crude Oil market initially tried to rally during Tuesday but rolled over to slam into the uptrend line that I have marked on the chart.
Get the USD/CAD Forex signal for March 14, 2018 here.
Get the GBP/USD Forex signal for March 14, 2018 here.
Get the EUR/USD Forex signal for March 14, 2018 here.
Gold prices rose $3.46 an ounce on Tuesday, supported by a weaker dollar. The dollar weakened after data from the Labor Department showed U.S. consumer prices rose moderately in February.
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Get the NZD/USD Forex signal for March 13, 2018 here.
Get the AUD/USD Forex signal for March 13, 2018 here.
The EUR/USD pair initially pulled back during trading on Monday but found enough support near the 1.2275 level to turn things around and rallied significantly.
Bitcoin initially tried to rally during the trading session on Monday but found the $10,000 level to be far too resistive to continue going higher.
The WTI Crude Oil market has been noisy during Monday trading, falling significantly but finding buyers later in the day.
The US dollar rolled over a bit on Monday against the Japanese yen, as it looks like we have started a bit of a “risk off” move again.