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 broke down on Wednesday, slicing through the bottom of the shooting star from Tuesday.
The WTI Crude Oil market initially tried to rally on Wednesday, but fell again as we continue to see negative pressure in the market.
The US dollar broke higher during the session on Wednesday as we continue to see resiliency in the stock markets worldwide.
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The S&P 500 initially fell during the day on Wednesday, but then shot above the 2450 handle. If the S&P 500 looks bullish, the NASDAQ 100 looks like it’s absolutely on fire.
Gold prices ended Wednesday’s session down $1.12 as the dollar moved higher on the back of better-than-expected economic data.
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Get the AUD/USD Forex signal for August 30, 2017 here.
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Check out the USD/JPY Forex signal for August 30, 2017 here.
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Get the USD/CAD Forex signal for August 30, 2017 here.
Get the GBP/USD Forex signal for August 30, 2017 here.
Get the EUR/USD Forex signal for August 30, 2017 here.
The EUR/USD pair initially shot through the 1.20 level, but pulled back rather rapidly during the day.
The US dollar initially fell against the Japanese yen as the North Koreans launched a missile across Japan.
The S&P 500 fell initially at the open on Tuesday, testing the 2420 handle. The NASDAQ 100 fell initially as well, but turned around to form a very bullish candle.