Gold continued to retreat from a seven-week high struck this week, gains in the U.S. dollar and global equities helped push the metal down another $5.6 to $1209.
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 USD/CAD Forex signal for April 8, 2015 here.
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Get the USD/JPY Forex signal for April 8, 2015 here.
Get the GBP/USD Forex signal for April 8, 2015 here.
Get the EUR/USD Forex signal for April 8, 2015 here.
The EUR/USD pair fell during the session on Tuesday, as the 1.10 level has yet again offered resistance. With that being the case, looks like the market is going to continue to go much lower, although there is a bit of a support barrier in the region of the 1.0750 region.
The AUD/USD pair rallied during the course of the session on Tuesday, and even went as high as the 0.77 handle.
The GBP/USD pair broke down during the course of the session on Tuesday, slamming into the 1.48 level. With that, it appears that the market is going to continue to drive lower, as we continue to consolidate in general.
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Gold ended slightly lower on Monday as the dollar recovered some of its recent losses and equity markets saw a modest rebound.
Get the USD/CAD Forex signal for April 7, 2015 here.
Get the AUD/USD Forex signal for April 7, 2015 here.
Get the USD/JPY Forex signal for April 7, 2015 here.
Get the GBP/USD Forex signal for April 7, 2015 here.
Get the EUR/USD Forex signal for April 7, 2015 here.