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 NZD/USD pair fell again during the course of the session on Wednesday, as it appears we now are heading towards the 0.65 handle.
The USD/CHF pair initially fell during the course of the day on Wednesday, but as you can see there was plenty of support at the 0.99 handle in order to turn things back around and form a hammer.
The NZD/CAD pair initially fell during the course of the day on Wednesday, but found enough support near the 0.86 level to turn things back around and form a hammer.
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Gold prices fell for a fifth straight session on Tuesday and settled at $1117.57 an ounce, weighed down by the strength in the greenback and U.S. equities.
Get the USD/JPY Forex signal for November 4, 2015 here.
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During the Tuesday session, the EUR/USD pair fell significantly during the day, testing an uptrend line that has been very supportive for some time.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/CAD pair initially went higher during the course of the session on Tuesday, but found enough resistance near the 1.3150 level to turn things back around and form a bit of a shooting star.
The CAD/CHF pair initially tried to fall during the course of the session on Tuesday, but as we had formed a hammer on Monday, it did suggest that we were going to go higher. We ultimately did, crashing into the 0.76 resistance barrier.
The USD/SGD pair initially tried to rally during the course of the session on Tuesday, testing the 1.40 level. However, the area just above caused enough resistance above to push the market lower, and as a result ended up forming a shooting star.