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 GBP/USD demonstrated strength in Thursday's trading session, experiencing a rally.
Since the start of this week's trading, the price of the EUR/USD currency pair has been moving in very narrow ranges, with a strong bearish tendency.
The Turkish lira continued its losses against the US dollar over the course of the current week, as the Turkish currency recorded strong declines over the past two months.
Throughout this week's trading, the price of the GBP/USD currency pair is on an upward rebound path to compensate for its recent losses.
Last Wednesday the 31st of May the USD/BRL was touching a high of nearly 5.1290, a value that had last been seen late in March of this year.
After the XAU/USD gold price jumped towards the $1970 resistance level, it was exposed to profit-taking sales again.
The bulls succeeded in pushing the price of the USD/JPY currency pair towards and above the psychological resistance 140.00 again
If you have not looked at the value of the USD/TRY the past couple of days it might be an interesting endeavor to have a glance today.
The USD/JPY faced initial resistance against the Japanese yen in Wednesday's trading session but managed to reverse its course, indicating a renewed sense of strength.
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During Wednesday's trading session, the British pound displayed a rally, driven by the prevalent "buy on the dip" mentality.
The S&P 500 experienced an initial pullback during Wednesday's trading session, only to reverse and display signs of life.
During Wednesday's trading session, the silver market experienced a slight decline, characterized by ongoing noise and volatility.
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The West Texas Intermediate (WTI) Crude Oil market and the Brent market exhibited back-and-forth movement during Wednesday's trading session, highlighting the prevalence of noisy behavior.
During Wednesday's trading session, the gold market experienced a back-and-forth movement, remaining just below the 50-Day Exponential Moving Average.