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 S&P 500 has gone back and forth during the trading session on Friday, as we are hanging just above the 3900 level.
The British pound has fallen most of the trading session on Friday but continues to see support at the uptrend line that makes up the bottom of the up trending channel.
The NASDAQ 100 has been noisy all day on Friday as we are trying to figure out where we are going next.
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The Australian dollar has initially pulled back during the trading session on Friday but has turned around to show signs of life again.
The US dollar initially tried to rally against the Loonie during the trading session on Friday but has given back a significant amount of momentum to turn back around
Gold markets have fallen rather hard during the trading session on Friday but found plenty of buyers near the $1700 level.
The West Texas Intermediate Crude Oil market went back and forth during the trading session on Friday and rather lackluster action.
The German index fell slightly during the trading session on Friday but then turned around to show signs of strength yet again.
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The West Texas Intermediate Crude Oil market has rallied significantly during the trading session, perhaps due to the idea of the stimulus bill finally being passed
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The FTSE 100 has gone back and forth during the course of the trading session as we have formed a shooting star that was preceded by a hammer on Wednesday.
The US dollar has broken down significantly against the Canadian dollar during the trading session as we continue to see the crude oil markets rally