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 EUR/USD pair rally gained steam after the US and Germany published mixed economic numbers.
The BTC/USD pair lost momentum in the overnight session as the enthusiasm of the Grayscale court victory faded.
The Australian dollar rose to the highest level in more than three weeks as the greenback retreated.
The USD/TRY rose during early European trading this morning, Wednesday, slightly, amid reports of holding a meeting of the Economic Coordination Council headed by the Turkish Vice President.
The US dollar has pulled back just a bit during the trading session on Tuesday, as we continue to see the overall pullback from the attempted breakout occur in the USD/INR currency pair.
Silver has rallied almost 2% during the trading session on Tuesday, as we have seen weaker than-anticipated economic figures coming out of the United States.
For two days in a row, the price of the euro currency pair returns against the US dollar EUR/USD, rebounding higher with gains above the resistance level 1.0892.
Since the start of trading this week the price of gold XAU/USD is on a rebound path upwards.
Despite a temporary halt to the gains of the US dollar, the upward rebound of the GBP/USD currency pair is still limited and did not exceed the level of 1.2655
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The US data during the trading session on Tuesday had Wall Street excited at the prospects of a weak economy.
During yesterday's trading, the price of the USD/JPY currency pair was exposed to selling operations, pushing it towards the support level of 145.66.
The Ethereum markets bounced a bit during the trading session on Tuesday, as the 200-Day EMA has offered a bit of support.
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Sign up to get the latest market updates and free signals directly to your inbox.The BTC/USD market has rallied significantly during the trading session on Tuesday, getting over 7% as the JOLTS Jobs Openings in the United States came out with “only 8 million jobs listed”, instead of 9 million jobs.
It looks like the traders on Wall Street are rooting for more negative news, as we continue to see Wall Street look for handouts.
Natural gas markets drifted a bit during the trading session on Tuesday, as we are trying to reach the support level.