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
The AUD/USD pulled back in the overnight session as focus shifted to the upcoming American consumer inflation data.
My previous GBP/USD signal on 5th January was not triggered, as there was no bullish price action when the price first reached the two support levels that day.
The exchange rate of the TRY/USD recorded a strong movement over the past two days.
Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Tuesday, to record daily losses until the moment of writing this report by -4.92%.
The Dow Jones Industrial Average declined in its recent trading on intraday levels, recording losses in its last session by -0.34%, to lose about -112.96 points.
As of this writing the USD/JPY is trading near the 132.100 ratio with typical fast price action occurring.
On Tuesday of last week following the New Year holiday the USD/BRL traded near a high of 5.4800.
The S&P 500 initially shot higher during the trading session on Monday, as traders continue to see bullish momentum from the Friday session as viable.
The Nifty 50 has rallied a bit during the training session on Monday, reaching the 50-Day EMA.
Bonuses & Promotions
The NZD/USD has rallied significantly during trading on Monday, reaching the 0.64 level.
The USD/CAD has fallen a bit during the trading session on Monday, continuing the big move that we had seen on Friday.
The EUR/GBP initially fell a bit during the trading session on Monday, as we continue to see a lot of noisy behavior.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD exchange rate sharply reversed its losses in the new year 2023 and may rise further this week if global markets benefit from last Friday's gains.
The exchange rate of the EUR/USD currency pair entered the trading of the new week, supported by the growing wave of global markets, which may witness its highest level in nine months around 1.08.
The GBP/USD exchange rate rose after Huw Pill, BoE’s chief economist warned that it was too early to say that the country’s inflation battle had been defeated.