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 EUR/USD was all over the place during the early hours on Tuesday as we continued to consolidate in general.
The US dollar continues to squeeze higher against the Japanese yen, as the interest rate differential continues to be a major driver.
The USD/CAD is near the 1.36775 mark as of this writing, this after the currency pair has managed to sustain lower increments attained in early trading this morning.
The currency pair has managed to produce upwards momentum since touching a low on Friday.
The US dollar has pulled back a bit against the Norwegian krone during the early hours on Tuesdayץ
The British pound has rallied a bit during the Tuesday session as we are testing the crucial 1.24 level.
The silver market fell initially during the trading session on Tuesday but has seen enough buying to turn things around and let the market.
The British pound has rallied significantly during the course of the trading session on Tuesday to break above the 1.13 CHF level.
The S&P 500 initially dipped a bit during the trading session on Tuesday, only to turn around and show signs of strength again.
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Ethereum rallied slightly during the early trading session on Tuesday, only to turn around and show signs of life again.
The euro rallied significantly during the trading session on Tuesday, to break above the ¥165 level.
The EUR/USD pair bounced back after the mixed European and US flash manufacturing and services activity data.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin price remained in a tight range on Wednesday morning even as the risk-on sentiment continued.
Bitcoin has gone back and forth during the early hours on Tuesday as we continue to see the market look somewhat consolidation based.
The AUD/USD pair rose slightly on Wednesday morning after the closely watched Australian consumer inflation report.