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 initially tried to rally on Monday, reaching towards the $64 level and finding significant resistance.
The US dollar rallied a bit against the Japanese yen after initially falling on Monday, as we have broken above the 111 level.
The S&P 500 rallied again during the day on Monday, after initially dipping towards the 2800 level.
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The EUR/USD pair initially rallied on Friday, but as we have seen all week, rolled over as the 1.23 level has offered far too much in the way of resistance.
The US dollar fell against the Japanese yen during most of the session on Friday, but you can see that we did bounce a bit
The WTI Crude Oil market fell a bit during the session on Friday, but found enough support at the $63 level to turn around and form a hammer for the daily candle
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Bitcoin went back and forth during the trading session on Friday, testing the $12,000 level again, and finding it resistant yet again.
The S&P 500 rallied during the day after initially falling on Friday, as we have closed well above the 2800 level.
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Get the USD/CAD Forex signal for January 22, 2018 here.
Get the GBP/USD Forex signal for January 22, 2018
Get the EUR/USD Forex signal for January 22, 2018 here.