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 has come off of long-term lows in the past couple of hours, but clearly remains within the midst of a bearish speculative battle as fragile risk sentiment drives market conditions.
The USD/ZAR is close to near-term highs as global risk conditions continue to produce nervous results in Forex and traders try to gauge their speculative wagers.
In Wednesday's trading session, the silver market displayed a back-and-forth pattern as it gravitated around the pivotal 50-Day Exponential Moving Average.
In the early hours of Wednesday's trading session, the natural gas market displayed signs of a modest recovery, marking a potential turnaround in what had been a notable correction.
The NASDAQ 100 has fallen during the session on Wednesday, as we continue to see a lot of negativities in this market.
In Wednesday's trading session, gold markets witnessed a modest rally, reflecting the ongoing indecisiveness that has characterized recent price action.
In Wednesday's trading session, the EUR/USD made another attempt to gain ground but encountered persistent challenges, reinforcing the prevailing negativity in the market.
The GBP/USD pair continued its downtrend as the US dollar continued its comeback.
The EUR/USD exchange rate continued its downward trend ahead of the upcoming European Central Bank (ECB) interest rate decision.
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The Australian dollar continued its strong sell-off even after the strong consumer inflation data.
Bitcoin continues to be strong as ETF approval draws closer.
The price of the lira varied against the US dollar during early trading on Wednesday morning, as the Turkish currency stabilized near its lowest level ever against the US dollar.
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The USD/JPY started on a shaky note, displaying signs of weakness.
In the recent trading session, the British pound made an initial attempt to rally against the Japanese yen.