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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Amidst a sudden rebound in the exchange rate of the US dollar against the rest of the other major currencies, the USD/JPY currency pair had the opportunity to bounce back to the top.
The US dollar has initially fallen a bit during the trading session on test the ¥130 level, and even break down below there slightly.
The Australian dollar has fallen rather hard during the trading session on Tuesday.
Spot natural gas prices (CFDS ON NATURAL GAS) decreased slightly during its early trading on Tuesday, to record new daily losses until the moment of writing this report, by -1.51%.
The Dow Jones Industrial Average fell in its first trading session in 2023, recording losses in a session characterized by volatility by -0.03%.
The British pound has fallen a bit during the trading session on Tuesday, to peek below the 50-Day EMA.
The Euro has broken down during the trading session on Tuesday as the volume has picked back up.
The Euro has fallen a bit during the trading session on Tuesday, and bounced just a bit to show signs of life.
The USD/BRL has seen buying pressure mount following the Christmas holiday and values are now touching critical resistance levels since the New Year has begun.
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The USD/INR is displaying volatile price action early this morning after demonstrating the ability to trade over the 82.9200 mark early this morning.
The GBP/USD price drifted lower after more signs of the UK’s recession emerged and as the greenback staged a strong comeback.
The EUR/USD made a bearish breakout on the first official trading day of the year.
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Sign up to get the latest market updates and free signals directly to your inbox.The AUD/USD exchange rate plunged on Tuesday and Wednesday morning as the year started on a sombre mood.
Long-term bearish trend persists below $16,949.
The S&P 500 has rallied to bid during the trading session on Tuesday, reaching toward the 50-Day EMA and the 3900 level.