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 European Central Bank (ECB) raised its key interest rates as anticipated, causing the euro to initially try to rally during Thursday's trading session before giving back gains.
Silver has been trading back and forth during Thursday's trading session, potentially showing signs of exhaustion, and nearing its overall highs.
The GBP/JPY experienced a pullback during Thursday's trading session, as it tests the ¥168 level for support.
Gold markets experienced a sharp increase during Monday's trading session, rising to a fresh new high before giving back some of those gains.
The West Texas Intermediate Crude Oil market experienced a significant drop in value early on Thursday but was able to rebound after hitting a hard floor at the $65 level.
The AUD/USD has been experiencing a lot of volatility in recent trading sessions, with the currency going back and forth as traders grapple with a number of different factors that are affecting its value.
The TRY/USD stabilized unchanged during early trading this Thursday morning.
The USD/CAD has moved lower in the wake of the U.S Federal Reserve’s anticipated interest rate hike.
The USD/TRY is trading near the 19.48100 mark as of this writing with fast results being demonstrated.
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Investors abandoned the US dollar following the monetary policy decisions of the US Federal Reserve Bank, which helped the XAU/USD gold price to rebound strongly.
The US central bank raised the US interest rate and as expected investors abandoned the US dollar.
The US Federal Reserve raised interest by a lower percentage, as expected in light of the collapse of US banks, which contributed to investors abandoning the US dollar.
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Sign up to get the latest market updates and free signals directly to your inbox.A combination of concerns in global financial markets and a lack of UK-specific drivers meant that the pound struggled against the euro, dollar and others in early May
The USD/JPY fell sharply on Wednesday as traders anxiously awaited the Federal Reserve's announcement.
The S&P 500 had a slightly positive opening on Wednesday, but the market is currently waiting for the central bank announcements.