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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Get the GBP/USD Forex signal for May 10, 2017 here.
Get the EUR/USD Forex signal for May 10, 2017 here.
Gold prices fell $4.78 on Tuesday as a rally in world stock markets today kept investors away from the safe-haven metal.
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Get the NZD/USD Forex signal for May 9, 2017 here.
Check out the AUD/USD Forex signal for May 9, 2017 here.
Get the USD/JPY Forex signal for May 9, 2017 here.
The EUR/USD pair had an interesting session, as we initially gapped higher in reaction to the French elections, but you can see we fell apart almost immediately, and had formed a massive bearish engulfing candle.
The WTI Crude Oil market had a volatile session on Monday, testing the $47 level above. Natural gas markets had a negative session during the day as well, but continue to find supporters near the $3.15 level.
The US dollar initially gapped higher at the open on Monday and reaction to the French elections, as traders put a “risk on” attitude into the market.
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The S&P 500 reacted positively to the French election results, gapping higher at the open. The NASDAQ 100 initially fell after gapping as well, breaking below the 5650 handle.
Get the USD/CAD Forex signal for May 9, 2017 here.
Get the USD/CHF Forex signal for May 9, 2017 here.
Get the GBP/USD Forex signal for May 9, 2017 here.
Get the EUR/USD Forex signal for May 9, 2017 here.
Gold prices opened with a gap down yesterday as there were no market-sensitive news developments over the weekend to rattle the markets.