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 gold price [XAU/USD] remained within its recent gains which extended to the resistance level of $2056 per ounce, the highest for it in two weeks.
The GBP/USD is trading near the 1.26535 ratio as of this writing.
Reactive USD/JPY selling took place last night as the U.S Federal Reserve released its FOMC Statement and financial institutions sold the USD/JPY with solid price velocity.
The US dollar's behavior in the USD/JPY pair is currently influenced by the anticipation of the FOMC meeting and the subsequent press conference.
Cautious Fed not helping Bitcoin rise.
The natural gas market witnessed a slight dip in Wednesday's trading session, with a likelihood of recovery on the horizon.
The NASDAQ 100 continues to look for cheap money coming out of Wall Street, as we see a lot of noisy behavior.
The gold market has been displaying a noticeable level of volatility lately.
Crude oil markets show potential for a breakout, favoring a strategy of buying on dips.
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The Australian dollar has experienced multiple declines against the US dollar in recent weeks, with another pullback observed early on Wednesday.
The Bitcoin market experienced a slight retracement in the run-up to Wednesday's Federal Open Market Committee (FOMC) meeting.
The euro exhibited significant fluctuations during Wednesday's trading session.
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Sign up to get the latest market updates and free signals directly to your inbox.The silver market showed some initial weakness during the early trading session on Wednesday.
The S&P 500 displayed minimal activity in Wednesday's trading session, with a focus on the upcoming Federal Open Market Committee (FOMC) meeting.
The AUD/USD pair was flat on Thursday morning as the market digested the hawkish Fed decision and the encouraging Australian inflation data.