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.
Most Recent
The WTI Crude Oil market initially tried to rally during the trading session on Tuesday but then gave back the gains above the $55 level.
The Australian dollar rallied initially during the trading session on Tuesday, slamming into the 0.68 level above, which of course is a large, round, psychologically significant figure.
USDCAD: Bullish breakout beyond 1.3250
USDCHF Analysis: Slightly more bullish as 0.9700 holds
GBPUSD: Bearish below 1.2092
EURUSD: Bullish break above 1.1200 area
The NASDAQ 100 has broken down significantly during the trading session on Tuesday as it was announced that the Americans were labeling the Chinese as “currency manipulators”, which of course is an increase in the trade tensions.
Natural gas markets gapped a bit during the trading session on Tuesday, then reached towards the $2.15 level before selling off again.
The Gold markets initially gapped higher to kick off the trading session on Tuesday after the Americans named the Chinese “currency manipulators”, while the futures markets were closed.
Bonuses & Promotions
On Tuesday, the EUR / USD pair continues bullish correction with gains to reaching 1.1250, the highest level in two weeks
Major currencies are trying to offset their recent losses against the strength of the US dollar.
For four straight trading sessions, the gold price recorded stronger gains, testing the $1,470 resistance level of in morning trades on Tuesday, despite recent gains in the US dollar.
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Sign up to get the latest market updates and free signals directly to your inbox.The recent violent bearish correction pushed the USD / JPY pair to move towards the 105.51 support level in early trading on Tuesday, its lowest level in seven months
NZDUSD: Psychological level at 0.6500 continues to hold
AUDUSD: Price retreats from 10-year low at 0.6745