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 USD/JPY pair fell significantly during the course of the day on Thursday, but found enough support below the 108 level to turn things back around right from there. The AUD/USD pair initially tried to rally during the day on Thursday, but turned right back around to slam into the 0.75 level.
Gold prices ended Monday's session up $18.35 as market participants continued to adjust to the U.S. Federal Reserve’s cautious plans for raising interest rates.
Get the NZD/USD Forex signal for April 7, 2016 here.
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Get the AUD/USD Forex signal for April 7, 2016 here.
Get the USD/JPY Forex signal for April 7, 2016 here.
The Euro initially fell during the day on Wednesday, but we turned back around and formed a fairly positive candle. The GBP/USD pair initially fell during the course of the day on Wednesday, but found enough support at the 1.40 level to turn things back around and form a bit of a hammer.
The USD/JPY pair has now broken down below the 110 level, and that of course is a very bearish sign. Ironically, even though there’s been a little bit of a run to safety, the Australian dollar still does fairly well.
Get the USD/CAD Forex signal for April 7, 2016 here.
Get the USD/CHF Forex signal for April 7, 2016 here.
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Check out the GBP/USD Forex signal for April 7, 2016 here.
Get the EUR/USD Forex signal for April 7, 2016 here.
Get the NZD/USD Forex Signal for April 6, 2016.
Get the AUD/USD Forex Signal for April 6, 2016.
Get the USD/JPY Forex signal for April 6, 2016 here.
The EUR/USD pair initially fell during the day on Tuesday, but turn right back around to form a bit of a hammer. The GBP/USD pair fell during the course of the day on Tuesday, as we remain very consolidative.