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 EUR/USD Forex signal for November 17, 2015 here.
The USD/CAD initially tried to rally during the day on Monday, as one would expect. However, somewhere near the 1.34 level we found enough resistance to turn the market back around and form a bit of a shooting star.
The EUR/CAD pair initially tried to rally on Monday, but turned back around to form a bit of a shooting star.
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The SGD/CHF pair has been consolidating for some time now, as the 0.70 level has offered support time and time again
The USD/JPY pair broke higher during the course of the day on Monday, after initially gapping lower.
The USD/CHF pair initially fell during the course of the day on Monday, but as you can see found enough support to turn things back around.
The NZD/USD pair fell during the day on Monday at again, but just as we have seen for several sessions in a row, there had been buyers towards the end of the day that turned the market back around.
Gold opened with a gap up and traded as high as $1098.08 an ounce yesterday on the back of risk aversion.
Get the AUD/USD Forex signal for November 16, 2015 here.
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Get the AUD/USD Forex signal for November 16, 2015 here.
Get the USD/JPY Forex signal for November 16, 2015 here.
The NZD/USD pair fell during the course of the session on Friday initially but found enough support at the 0.65 level to turn things back around and form a hammer for the session, which is a repeat of what we saw during the Thursday session as well.
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The GBP/USD pair had a volatile session on Friday as we continue to bounce around near the 1.52 level.
The EUR/CHF pair initially fell during the course of the session, but found enough support below the 1.08 level to turn things back around and form a bit of a positive candle.