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 Australian dollar reacted mildly to the interest rate decision by the Federal Reserve.
My previous USD/JPY signal on 8th March produced a losing long trade from the bullish rejection of the support level at ¥136.53.
We expected that the GBP/USD price gains would remain a target for selling recently.
The price of the EUR/USD currency pair was exposed to selling operations with losses that affected the support level 1.0942, and returned at the beginning of trading today, Wednesday.
Before announcing an update on the monetary policy decisions of the US Federal Reserve today, the USD/JPY currency pair was sold
During yesterday's trading, gold futures returned to stabilize above the psychological resistance level of $2,000 an ounce
The TRY/USD stabilized during early Wednesday trading, where it traded near its lowest levels ever against the US dollar, which the pair recorded yesterday.
The USD/BRL finished yesterday’s trading near the 5.0360 ratios and continued to move in a rather tight range that has been part of the currency pair’s speculative ‘air’ the past couple of weeks.
Traders of the USD/SGD have been able to participate in a rather range-bound week, as the currency pair has drifted between 1.33100 to 1.33800 consistently.
Bonuses & Promotions
The US dollar attempted to rally against the Japanese yen on Tuesday but ultimately showed signs of hesitation at the key resistance level of ¥138.50.
The natural gas markets have been on a downward trend recently, with prices falling during Tuesday's trading session.
The gold market has experienced some slight upward movement during Tuesday's trading session, amidst a lot of noisy behavior.
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Sign up to get the latest market updates and free signals directly to your inbox.The West Texas Intermediate (WTI) crude oil market has continued to show negative behavior, as concerns about the global economy contribute to a lack of demand for energy and crude oil.
The AUD/USD rallied significantly during Tuesday's trading session, reaching the 50-Day EMA, following a surprise interest rate hike by the Reserve Bank of Australia.
The S&P 500 initially rallied during Tuesday's trading session as the market braces for the Federal Reserve meeting on Wednesday.