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 USD/CAD hit a low of nearly 1.31770 on Friday of last week, this came after highs of nearly 1.33525 were seen on Wednesday of last week.
The price of the USD/BRL continues to show bearish sentiment and a low made this past Friday touched the 4.7585 ratio, which had last been seen in early June of 2022.
During Tuesday's trading session, the USD/JPY showcased significant volatility, continuing the trend of noisy behavior.
On Tuesday, the EUR/USD experienced a back-and-forth trading session, with the currency hovering around the 1.09 level.
During Wednesday's trading session, the GBP/JPY experienced a significant decline against the Japanese yen as the market’s overbought condition was finally challenged.
During Tuesday's trading session, the British pound initially attempted a rally but retraced its gains.
At the beginning of this week's trading that the price of the euro currency pair against the dollar, EUR/USD, may continue to move in narrow ranges
The AUD/USD experienced a significant decline on Tuesday, approaching a critical level known as the 200-Day Exponential Moving Average.
For three consecutive trading sessions, the GBP/USD currency pair is subject to correctional selling after its highest gains in 14 months.
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After a quiet and stable start in the shadow of the American holiday XAU/USD gold futures fell below $1950, with losses affecting the support level at $1930 an ounce.
The West Texas Intermediate (WTI) and Brent crude oil markets have witnessed rallies, testing the 50-Day Exponential Moving Average, only to surrender those gains.
The continuation of the clear divergence between the policy of the Japanese Central Bank's indulgent policy and the Federal Reserve Bank
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The natural gas market exhibited sluggishness and minimal activity on Wednesday, reflecting the typical quietness associated with summertime trading.
The NASDAQ 100 has gone back and forth during trading on Tuesday as American traders came back to work after the Juneteenth holiday.