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 EUR/USD pair has found a strong resistance level as concerns about a recession continued.
The GBP/USD initially rallied during the training session on Wednesday but gained back gains as the US dollar came roaring back.
The S&P 500 has pulled back against the previous shot higher and at a very important level.
The NZD/USD initially popped above the crucial 0.65 level but was smashed at that point to turn things right back around and threaten the 0.64 level.
The DAX tried to rally during the trading session on Wednesday but continues to struggle to hang on to the gain.
The CAD/CHF has broken down rather significantly during the trading session on Wednesday, breaking below the 0.68 level.
For three consecutive trading sessions, the price of the EUR/USD currency pair has been moving in a downward correction
Since the start of this week's trading, the price of the GBP/USD pair was dominated by the performance of the bulls, with gains towards the 1.2300 resistance level.
The bears' control over the direction of the USD/JPY currency pair continues.
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Gold futures took some breaths as the yellow metal enjoyed a great start to the new trading year 2023.
The price of the TRY/USD stabilized during early trading this morning, Wednesday, amid the absence of data, which no longer has an impact on the movement of the Turkish currency price.
Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Tuesday, recording daily losses up to the moment of writing this report by -3.14%.
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The Dow Jones Industrial Average fell in its recent trading on the intraday levels, breaking a series of gains that lasted for four sessions in a row, to record losses in its last sessions by -1.14%.
The EUR/GBP has pulled back rather significantly during trading on Tuesday, to reach down toward the 0.88 level.