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 February 3, 2016.
Gold prices rose slightly on Tuesday closed the day at $1128.78 an ounce.
Get the NZD/USD Forex Signal for February 2, 2016.
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Get the AUD/USD Forex Signal for February 2, 2016.
Get the USD/JPY Forex Signal for February 2, 2016.
Get the USD/CAD Forex Signal for February 2, 2016.
Get the USD/CHF Forex Signal for February 2, 2016.
Get the GBP/USD Forex Signal for February 2, 2016.
Get the EUR/USD Forex Signal for February 2, 2016.
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The USD/JPY pair fell significantly at first during the day on the day, but turned back around to form a bit of a hammer. The AUD/USD pair broke higher during the course of the session on Monday, clearing the top of the hammer that had formed.
The EUR/USD pair rose during the course of the day on Monday, showing that the 1.08 level has offered quite a bit of support. The GBP/USD pair did break to a “higher high” at this point, so it does suggest that perhaps we are going to make a serious attempt to break above the 1.45 handle.
The S&P 500 went back and forth during the course of the session on Monday, as the 1940 level offered resistance, but we did see a bit of support in 1920. The NASDAQ 100 had a little bit more of a positive session than the S&P 500 did, but we still have to deal with the 4350 level before we can truly take off to the upside.
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Gold prices ended Monday's session up 0.95%, or $10.53, to settle at $1128.26 an ounce as disappointing U.S. economic data pressured the dollar.
Get the NZD/USD Forex Signal for February 1, 2016.