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
Sterling fell to fresh six-month lows against the dollar as the sell-off continued for a 10th week, leaving analysts wondering if there is any prospect of relief.
The US dollar increased its gains against all other major currencies and continued to break stronger bullish levels
In the middle of trading this week, gold futures fell below the support level of $1,900 per ounce, driven by the rise of the US dollar and the rise in Treasury bond yields.
The price of the Turkish Lira continues to decline against the US dollar during this week’s trading, as the Turkish currency fell to its lowest level against the dollar ever.
Bitcoin is really looking quite dull for traders, beyond possible scalps from reversals at either $25,986 or $26,534.
The AUD/USD experienced a decline during Wednesday's trading session, reflecting the prevailing negativity in the market.
The GBP/USD has experienced a notable decline in recent days, with Wednesday following the downward trend.
Crude oil markets are currently experiencing substantial upward pressure, with indications of potential breakouts to the upside.
Gold markets experienced a substantial decline during Wednesday's trading session, with the US dollar's strength impacting a broad spectrum of assets.
The USD/JPY experienced a slight rally during Wednesday's trading session, continuing its upward trajectory due to persistent upward pressure.
The AUD/USD exchange rate made a bearish breakout and crashed to the lowest level since November as the greenback strength continued.
The EUR/USD exchange rate continued its freefall as the risk-off sentiment gained steam and the US dollar index (DXY) surged.
The GBP/USD pair has retreated in the past six straight days and moved to the lowest point since March 17th.
The S&P 500 exhibited relative quietness during the early trading hours on Wednesday, amidst ongoing market noise.
Silver experienced another decline during Wednesday's trading session, with the market testing the $23 level.