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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Gold futures extended their gains since the start of trading this week. Gold prices were the closest to testing the psychological top of 1800 dollars an ounce.
The Turkish lira fell slightly to exceed the peak recorded during this year after inflation data issued by the country's Statistics Institute today.
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the second day in a row, by -1.23%.
The USD/MXN surged higher yesterday with a rapid movement that likely took many speculators by surprise and may have proven expensive.
The USD/BRL has reacted to Monday’s early lower depths with a rather swift punch upwards which essentially creates more speculative opportunities.
Strong support level at $1.2082.
The AUD/USD currency pair was slammed Tuesday, being the first currency to start losing ground against the US dollar.
The US dollar turned around against the Japanese yen on Tuesday as we had broken below the ¥132.50 level.
Gold markets rallied a bit Tuesday only to find a lot of resistance near the 50-day EMA.
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The NASDAQ 100 index rallied a bit during the session again on Tuesday, but just as we had seen on Monday, the 13,000 level seems a bit too much for the market to overcome.
The S&P 500 went back and forth Tuesday as we continue to show a bit of hesitation.
The US dollar strengthened Tuesday as the euro continues to act as a punching bag.
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Ethereum markets initially dipped on Tuesday but then turned around to show signs of life.
The BTC/USD currency pair did very little Tuesday as we continue to dawdle around the $24,000 level.