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 AUD/USD initially tried to rally during the trading session on Tuesday but gave back gains rather quickly as we continue to consolidate overall.
Spot natural gas prices (CFDS ON NATURAL GAS) settled on an increase in early trading on Tuesday, achieving slight daily gains until the moment of writing this report, by 0.12%.
The Dow Jones Industrial Average fell during its recent trading on intraday levels, breaking a series of gains that lasted for three consecutive sessions, recording losses in its last sessions by -1.45%.
The price of the lira stabilized against the dollar during the day’s early trading, as investors followed data issued by the country’s Institute of Statistics.
After testing its lowest level in three months, the USD/JPY currency pair is trying to recover ahead of important events affecting the US dollar pairs this week.
The GBP/USD exchange rate has reversed more than half of its decline this year, but it will now face the risk of a corrective setback that could push it toward 1.20, or perhaps back below it in the coming days.
The US dollar recovered before announcing a package of economic data and important events that contributed to selling the XAU/USD (gold) price towards the support level of $1740 an ounce.
The EUR/USD exchange rate benefited greatly from the rise in risk assets in the last quarter, but its recovery was recently halted by technical resistance around 1.04 on the charts.
The S&P 500 Index fell during the trading session on Monday, as it looks like the 200-Day EMA could come into the picture and will possibly offer resistance.
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The DAX has fallen over 1% during the trading session on Monday, as we are pulling back from a rather significant resistance barrier in the form of €14,500.
The Hong Kong Hang Seng Index initially fell on Monday, as for protests in China over the lockdowns coming back.
The USD/JPY has been able to sustain its lower mid-term price range after more bearish momentum produced strong selling last week.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin has fallen again during the session on Monday, after going sideways for the last couple of days.
The USD/MXN moved lower again on Monday and has managed to sustain its long-term depths in early trading this morning.
The Crude Oil market had broken through a major support level, but then turned around later in the day to form a bit of a hammer.