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 AUD/USD Forex signal for June 29, 2016 here.
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Get the USD/CAD Forex signal for June 29, 2016 here.
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Get the USD/CHF Forex signal for June 29, 2016 here.
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Get the EUR/USD Forex signal for June 29, 2016 here.
The EUR/USD pair did rally during the course of the day on Tuesday, filling the gap that had formed at the beginning of the week. The British pound has really taken it on the chin over the last couple of days, but that would have been expected.
The USD/JPY pair rose during the course of the day on Tuesday, bouncing off of the lows from the previous session. The Australian dollar of course is very sensitive to risk appetite, and there isn’t much of that right now.
The S&P 500 rallied it during the day on Tuesday, bouncing off of the 2000 level and slamming into the 200 day exponential moving average. The 4300 level was the source of real resistance during the day that was so explosive to the upside in this market.
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The WTI Crude Oil market rose during the day on Tuesday, as most risk assets got a bit of a boost during the day. In a market that seems to be defying gravity, we have seen quite a bit of bullish pressure of the last couple of days.
Gold prices ended yesterday's session down $11.72 as investors liquidated their positions to bank substantial profits from Friday's shock.
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