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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Despite the strong expectations that today the Bank of England will be more strict than the American Federal Reserve Bank, the gains of the upward rebound of the GBP/USD currency pair
The price of the TRY/USD stabilized during early trading on Thursday morning.
The US Federal Reserve slowed its efforts to rein in inflation, saying more US interest rate hikes were on the cards as officials debated when to end the most tightening of credit in four decades.
USD weakness continued and is coinciding with the expectations of the recession of the world economy during the year 2023.
The Dow Jones Industrial Average advanced in its recent trading on the intraday levels, to achieve gains for the second day in a row, going up by 0.02%.
The US dollar has rallied ever so slightly against the Canadian dollar during trading on Wednesday, as we are sitting just above the 200-Day EMA.
Spot natural gas prices (CFDS ON NATURAL GAS) settled down during its early trading on Thursday, recording slight daily losses until the moment of writing this report, by -0.04%.
The NZD/USD currency pair has gone back and forth on Wednesday, as we continue to hang about between the 0.64 level in the 0.65 level.
The British pound has fallen rather hard during the trading session on Wednesday, as we continue to see the consolidation range hold.
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The S&P 500 sat around during the trading session on Wednesday as we waited for the Federal Reserve to come out with its interest rate decision.
The British pound has gone back and forth during the trading session on Wednesday as we are waiting for the FOMC statement.
The Euro is trying to break out against the US dollar as we wait for the FOMC announcement and of course the press conference that comes afterwards.
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Sign up to get the latest market updates and free signals directly to your inbox.The Hong Kong Hang Seng initially dropped just a bit during the session on Wednesday but continues to see buyers on did says it looks like the China reopening trade is starting to truly take hold.
Ethereum has done very little during the trading session on Wednesday, as we continue to see this market go sideways overall.
The Dow Jones 30, or the Dow Jones Industrial average, has fallen hard during the trading session on Wednesday as we waited for the FOMC statement and of course the press conference afterward.