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 GBP/USD got off to a strong start this week, but its recovery faltered after former chancellor Rishi Sunak was confirmed as the next prime minister-in-waiting after the Conservative Party leadership election.
Since the start of this week's trading, the EUR/USD currency pair continues to bounce higher amid a temporary halt to the US dollar's record gains.
The Turkish lira stabilized against the dollar, as the exchange rate of the Turkish currency, which traded near its lowest levels against the dollar, did not change.
Spot natural gas prices (CFDS ON NATURAL GAS) settled on a rise in early trading on Tuesday, to record slight daily losses until the moment of writing this report.
The Dow Jones Industrial Average continued to rise during its recent trading at the intraday levels, achieving new gains for the third consecutive session.
The NZD/USD is trading within sight of the 0.58000 ratio this morning.
The USD/MXN is near the 19.86200 mark as of this writing, as the currency pair now trades within sight of important mid-term support ratios.
The GBP/USD price rose to the highest level since October 4 as the market reacted to the new Prime Minister.
The EUR/USD price made a bullish breakout after the latest American house price index data.
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The BTC/USD price rose to above 20,000 for the first time since October 7 as American stocks rebounded and bond yields slipped.
The AUD/USD price rose after the new Australian government unveiled its budget and after the latest consumer price index data.
The S&P 500 E-mini contract has broken above the 50-Day EMA as the “hopium rally” has continued on Tuesday.
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Sign up to get the latest market updates and free signals directly to your inbox.The DAX initially fell during the trading session on Tuesday but found enough buyers underneath to keep the market somewhat afloat.
GBP/USD has risen against the US dollar as traders starting to bet that the worst of the crisis in Great Britain is over.
The FTSE 100 initially pulled back a bit during the trading session on Tuesday, but then turned around to reach back to the 7000 level.