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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Initial signs of bearish topping out.
The US dollar rallied significantly during the course of the trading session on Tuesday.
Bitcoin has shown itself to be initially bullish, but then turned around to show signs of negativity.
The Euro initially tried to rally during the trading session here on Tuesday.
Gold has pretty much collapsed during the session.
The NASDAQ 100 initially fell during the trading session.
Silver has initially tried to rally during the trading session on Tuesday but got crushed as soon as the CPI numbers in the United States came out.
The AUD/USD exchange rate suffered a harsh reversal after the strong US inflation numbers.
The EUR/USD pair retreated below the bearish flag pattern as the US dollar index (DXY) surged to its highest point in three months.
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The GBP/USD exchange rate held better than other pairs after the strong US inflation inflation and UK jobs report.
The USD/SGD has produced a rather tranquil range the past couple of days.
The USD/BRL has been able to build some bearish momentum the past couple of days in Forex.
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As the closing last week was, the price of (USD/JPY) continued its upward path.
According to the recent trading sessions, the price of gold is moving in narrow ranges.