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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For the second day in a row, the price of the USD/JPY currency pair is subject to selling from its highest levels in a year, stabilizing around 150.40.
Silver faced some challenges during Wednesday's trading session, exhibiting a degree of erratic behavior.
The gold market had a somewhat turbulent start during Wednesday's trading session, initially experiencing a bit of a decline.
Wednesday's trading session saw the British pound experiencing a slight retracement, possibly driven by traders locking in profits after a substantial rally.
Wednesday's trading session will be closely watched by traders, with a keen eye on any developments from the Federal Reserve.
The AUD/USD has experienced a modest rally during Wednesday's trading session, showcasing the ongoing volatility in the market.
FOMC meeting boosted risk appetite for the Aussie.
Bitcoin and American stocks and bonds reacted positively to the latest Federal Reserve interest rate decision.
The EUR/USD retreated below an important support level after the latest Federal Reserve decision.
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The GBP/USD exchange rate was flat after the Federal Reserve interest rate decision.
The EUR/USD has started its trading for November having concluded a rather choppy October with rather mixed results which essentially led to a very slight monthly change of value.
The USD/INR has produced one of the most stable price ranges of any major currency pair globally, but this has not happened without the intervention of Indian government.
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Sign up to get the latest market updates and free signals directly to your inbox.The West Texas Intermediate Crude Oil market (US Oil) had a back-and-forth month during October, and I suspect we probably have more of the same ahead.
The US dollar has been consolidating against the Mexican peso during a majority of the month of October, as we continue to bang against a very serious significant resistance barrier.
The S&P 500 had a very tough October, which is not a huge surprise considering that there is so much going on around the world.