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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During Tuesday's trading session, natural gas markets showed signs of life, pulling back slightly before heading toward the 50-Day EMA.
The GBP/USD experienced initial gains during Tuesday's trading session but ultimately gave back its gains as the US dollar tried to regain some territory.
The USD/BRL closed near the 4.9870 ratio yesterday and will enter today’s trading session with a cautious air surrounding the Forex pair.
After touching a low of nearly 1.32430 early on Tuesday, the USD/SGD has traded higher.
The British pound has shown resilience over the past few weeks, but it pulled back slightly during Tuesday's trading session to test the ¥170 level.
Gold prices recently experienced stabilization on Tuesday, with buyers capitalizing on dips in the market.
The EUR/USD experienced a pullback during Tuesday's trading session as the market continued to exhibit a lot of noisy behavior.
The West Texas Intermediate Crude Oil market was somewhat soft during Tuesday's trading session, with the recent bear market rally causing some hesitation.
The AUD/USD has pulled back from the 200-Day EMA, indicating that the market is not yet ready to break to the upside for a bigger move.
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My previous GBP/USD signal on 8th May was not triggered as none of the key support or resistance levels were reached during the day’s London session.
The EUR/USD price dropped to the lowest level since May 2 ahead of the upcoming American consumer price index (CPI) data.
The BTC/USD pair sell-off continued as concerns about Bitcoin’s high fees and slow speed continued.
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The pair of the USD/TRY recorded a new high to break through the new peak recorded earlier this month.
The beginning of this week’s trading was not much different from the end of last week’s trading, where the price of the EUR/USD currency pair settled around and above the psychological resistance 1.1000.