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
Bitcoin continued consolidating as the recent sell-off lost steam.
The Australian dollar made a bearish breakout to the lowest level in more than a month as after the latest inflation data from Australia and positive American housing numbers.
The AUD/USD initially rallied during Tuesday's trading session but gave back gains as the US dollar picked up strength.
The GBP/JPY tried to rally during Tuesday's trading session but gave back gains as the market continued to show a lot of noise near the ¥168 level.
The gold market continued to fluctuate during the trading session on Tuesday, with a lot of noisy behavior in the markets overall.
The EUR/USD initially tried to rally during Tuesday's trading session but showed signs of hesitation as the market appears to be overstretched.
The WTI crude oil market has been marked by a lot of volatility in recent trading sessions.
The EUR/USD exchange rate held most of its gains in April in recent trading
GBP/USD seems to have established a foothold above the 1.24 resistance in the recent trade and could rise further in the coming days and weeks,
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The neutral performance of the USD/JPY currency pair continues.
At the beginning of this week's trading, XAU/USD gold futures hovered around $2000.
The NZD/USD has remained within the lower depths of its price range, and speculators who continue to feel attracted to the potential of buying positions should be careful.
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Sign up to get the latest market updates and free signals directly to your inbox.Trading conditions in the USD/INR have presented day traders with a classic case of a rather wide price range that looks technically attractive but potentially has been very costly for the unprepared.
The USD/JPY has shown some strength against the Japanese yen during Monday’s trading session, as it continues to push higher against the yen.
In recent trading sessions, the S&P 500 has been bouncing around in a 100-point range, with the 4100-level providing support and the 4200-level acting as a potential short-term ceiling.