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
GBP Dips, Rebounds at 50-Day EMA Amid Volatility.
The GBP initially fell during the trading session on Tuesday against the CHF, however, we have seen buyers come back into the market and show signs of stabilization.
You can see that the dollar has stretched higher against the Japanese yen overnight as the Bank of Japan raised interest rates to 0.1%.
The EUR/USD pair was flat ahead of the important Federal Reserve decision.
Bitcoin price has been highly volatile this week as some investors started to take profits after the recent spectacular bull run.
The US dollar has shot straight up in the air against the Loonie during trading session on Tuesday as the 1.3620 level is now being threatened.
Short trade from any new rejection of resistance looks likely to be the best opportunity today.
The AUD/USD pair continued its strong sell-off as signs of a divergence between the Federal Reserve and the Reserve Bank of Australia (RBA) emerged.
Bitcoin plunged during the early hours on Tuesday as we continue to see massive amounts of profit taking.
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Gold markets have fallen a bit during the trading session on Tuesday, but it does look like we have quite a bit of support just below.
The GBP/USD exchange rate fluctuated last week, as a flow of economic data from the US and UK led to volatility in the pair.
Despite the long-awaited rate hike in Japan, the USD/JPY pair continued its upward trend, with gains reaching the resistance level of 150.48 at the time of writing the analysis.
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Sign up to get the latest market updates and free signals directly to your inbox.At the start of trading this important week, the euro/dollar exchange rate (EUR/USD) stabilized at a level slightly below 1.09, with losses extending to the support level of 1.0861.
At the start of trading, gold futures posted modest gains as investors braced for several key global central bank meetings this week.
The dollar initially pulled back against the Swiss franc in trading on Monday as we continue to see a lot of noisy behavior.