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.
Forex Daily Forecast, Analysis and Prediction
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Forex Daily Forecast, Analysis and Prediction
The price of the Turkish Lira stabilized against the US dollar near its lowest level ever during early trading on Wednesday morning.
The USD/JPY continues to exhibit an ability to achieve higher values and sustain momentum upwards, this as the Bank of Japan rattles the threat of intervention.
Having gained ground since the 1st of November the NZD/USD is within the higher elements of its one month range, but nervous sentiment remains abundant even for bullish traders.
The AUD/USD experienced a substantial decline during Tuesday's trading session, plummeting to the 0.64 level, where it coincided with the 50-Day EMA indicator.
The Crude oil markets experienced a sharp initial decline during Tuesday's trading session, yet there are hints of a potential rebound emerging.
The British pound finds itself locked in an ongoing battle, stubbornly hovering around the ¥185 level against the Japanese yen, a currency grappling with its own set of challenges.
The Euro's performance during the early hours of Tuesday exhibited a downward trend, with its trajectory approaching the 50-Day Exponential Moving Average (EMA).
Silver faced a downturn during the trading session on Tuesday, edging towards the lower boundary of the broader consolidation range that the market has been ensconced within.
The GBP/USD faced a substantial downturn during Tuesday's trading session, marking a breach below the critical 50-Day EMA.
The natural gas market experienced another decline in the early hours of Tuesday, underscoring the persistent volatility that characterizes energy markets.
The NASDAQ 100 rallied rather significantly during trading on Tuesday, as Wall Street ignores the Federal Reserve.
The USD/JPY pair displayed signs of a modest rally during Tuesday's trading session, navigating through the persistent turbulence that has become characteristic of recent market behavior.
The trading landscape experienced a stark downturn on Tuesday, as American interest rates surged once again.
The GBP/USD pair retreated on Tuesday and on Wednesday morning as the recent dollar sell-off took a breather.
Bitcoin price was flat on Wednesday even as the US dollar index (DXY) bounced back.