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 GBP/USD pair bounced back during the American and Asian sessions as American stocks bounced back and bond yields slipped.
The euro did well against the US dollar after the relatively weak manufacturing PMI numbers from the United States.
The BTC/USD pair was flat on Tuesday morning as traders waited for the next catalyst and the banking industry stabilized.
The Euro's recent performance in the trading market has been a mix of ups and downs.
The Australian dollar's recent performance has been anything but consistent, with Monday's trading session being no exception.
The silver market experienced a significant drop during Monday's trading session, but it quickly bounced back to show signs of life.
The S&P 500 has been in a period of consolidation recently, and it looks like it may continue to be that way for the near future.
Gold markets started the trading week with a significant drop, showing signs of weakness.
The price of the TRY/USD fell during early trading this morning, after early data issued by the country's statistical center, which revealed that inflation in the country fell more than expected with the stability of fuel and food prices.
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By the end of last week's trading, the month, and the first quarter, the price of the euro fell against the major currencies.
The GBP/USD exchange rate pared its previous losses to trade strongly near year-highs before last weekend, after the US Federal Reserve's preferred inflation measure fell more than expected in the latest update, limiting a corrective rebound in the dollar.
Last week's trading was generally bullish for the performance of the price of the USD/JPY currency pair, amid investors' abandonment of the Japanese yen.
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Sign up to get the latest market updates and free signals directly to your inbox.During last week's trading, the bulls continued to control the performance of the gold (XAU/USD) price, with gains that reached the resistance level of 1988 dollars an ounce.
The USD/MXN is hovering barely above the 18.00000 mark as of this writing.
The USD/ZAR started today’s trading near the 17.75775 ratios early this morning, but the currency pair has seen a reversal upwards and is near the 17.93400 vicinities as of this writing.