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 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.
The natural gas markets witnessed a more than 1% increase during Wednesday's trading session, characterized by significant fluctuations and a considerable amount of market noise.
The EUR/USD experienced a significant drop during Wednesday's trading session, reflecting the prevailing strength of the US dollar.
The GBP/JPY has exhibited a back-and-forth motion against the Japanese yen during Wednesday's trading session, signaling attempts at overall stabilization.
After falling to lows late last week the NZD/USD has shown the ability to climb upwards, but the currency pair remains within a known range and is producing choppiness.
Bonuses & Promotions
After retrying to test highs over the weekend, BTC/USD has fallen lower again and the velocity achieved downwards has likely made speculators nervous.
The AUD/USD has been experiencing significant fluctuations against the US dollar, reflecting a period of uncertainty and adjustment in the trading sessions.
Crude oil markets exhibited a phase of consolidation during the Tuesday session, hovering around the 20-day EMA, a critical indicator for traders and investors.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The USD/JPY exhibited an initial surge during the Tuesday trading session but subsequently relinquished its gains, displaying signs of hesitation.
The British pound has experienced a slight decline against the Japanese yen in the Tuesday trading session, reflecting a sense of uncertainty and hesitation in the market.
Downward momentum continues for EUR/USD performance, with losses extended to the support level of 1.0555, its lowest in six months.