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.
Forex Daily Forecast, Analysis and Prediction
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Forex Daily Forecast, Analysis and Prediction
The EUR/USD has gone back and forth during the session on Wednesday, as we continue to hang around this overall area.
The GBP/USD tried to rally initially on Wednesday but continues to see a lot of noise near the 200-Day EMA.
The AUD/USD shot higher during the trading session on Wednesday, but it continues to struggle in general.
My previous GBP/USD signal on 19th December produced a profitable short trade from the bearish rejection of the resistance level I identified at $1.2221.
Since the start of trading in the last week of the year 2022 the exchange rate of EUR/USD settled in a narrow range in a neutral position.
The price of the USD/TRY stabilized, after the pair recorded its highest levels ever, during yesterday's trading.
The Dow Jones Industrial Average advanced slightly during its recent trading on intraday levels, to achieve gains for the second session in a row, by 0.11%.
Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Wednesday.
The bears are still determined to push the price of the GBP/USD pair against the US dollar to break through the 1.2000 psychological support for further downward movement.
Amid careful monitoring of the future of the Bank of Japan's policy after its recent surprise, the exchange rate of the currency pair of the US dollar against the Japanese yen USD/JPY is moving in the middle of an upward movement.
In a sudden upward movement yesterday, the price of gold XAU/USD jumped towards the resistance level of $1833 per ounce.
The USD/BRL has rallied again during the trading session on Tuesday, which of course, is highly levered to commodities and Latin America overall.
The USD/JPY is around the sea. After all, we are trying to recapture the ¥133.50 level.
The USD/CHF has fallen a bit during the trading session on Tuesday, as we are hanging around the 0.93 CHF level.
The GBP/USD has found itself failing at the 200-Day EMA, an indicator that a lot of people will of course, be paying attention to.