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 NZD/USD Forex signal for August 31, 2016 here.
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Get the USD/CAD Forex signal for August 31, 2016 here.
Get the USD/CHF Forex signal for August 31, 2016 here.
Get the GBP/USD Forex signal for August 31, 2016 here.
Get the EUR/USD Forex signal for August 31, 2016 here.
The EUR/USD pair fell significantly during the course of the day on Tuesday, but most importantly broke down below the bottom of the hammer from the Wednesday session. The British pound of course fell bit during the course of the session on Tuesday, testing the 1.30 level below.
The WTI Crude Oil market initially tried to rally during the day on Tuesday but turned right back around to fall towards the $46 level. During the day on Tuesday, the natural gas initially tried to go higher as we have seen quite a bit of bullish pressure to go higher in this market.
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The S&P 500 fell during the day on Tuesday, as we continue to see quite a bit of volatility in the stock markets. The NASDAQ 100 of course did very much the same thing during the day on Tuesday, as we continue to bounce around just below the 4800 level.
The US dollar continues to rally against the Japanese yen during the session on Tuesday, as we have broken above the 103 level. With Janet Yellen suggesting that interest-rate hikes could still be coming, of course the US dollar has strengthened.
Gold settled down $12.43 at $1310.91 on Tuesday, weighed down by a strong dollar.
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