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 price tilted upwards during the American and Asian sessions as the strong US dollar comeback took a breather.
My previous GBP/USD signal on 3rd October was not triggered, as there was no bearish price action when the resistance level which I had identified at $1.1271 was first reached.
The S&P 500 has broken down significantly during the trading session on Friday, to take back about half of the gains from the previous session.
The German DAX index initially rally during the trading session on Friday but has seen a huge amount of resistance near the 50-Day EMA.
The AUD/USD currency pair initially tried to rally on Friday, but gave back gains, despite the fact that it formed a massive hammer during the Thursday session.
The NASDAQ 100 has broken down significantly during the trading session on Friday, to slice below the 11,000 level yet again.
The British pound has fallen during the trading session on Friday as we continue to see a lot of negativity in the pound overall.
The Euro has pulled back a bit during the trading session on Friday to wipe out most of the body of the bullish candlestick from the Thursday session.
The USD/BRL went into the weekend near the 5.3284 ratio.
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After hitting an apex of nearly 18.58000 briefly in the middle of last week, the USD/ZAR is trading early this morning near the 18.26000 ratio.
Bitcoin initially tried to rally on Friday but gave back gains as soon as we touched by the 50-Day EMA.
The GBP/USD price held steady on Monday as investors focused on the measures that Lizz Truss has put to solve the recent challenges.
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The BTC/USD price remained in a tight range even after a surge in American consumer inflation data.
The AUD/USD price came under intense selling as commodity prices slumped and the US dollar edged higher after the latest American inflation data.