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 West Texas Intermediate Crude Oil market rallied on Wednesday as we continue to recover overall.
Ethereum bounced a bit from the $3000 level, as it continues to be important.
ZCash rallied Wednesday, bouncing from the 200-day EMA.
The S&P 500 futures markets have rallied quite significantly on Wednesday to reach the 50-day EMA indicator.
The euro bounced from the crucial 1.08 level, an area that has been supported previously.
The New Zealand dollar initially tried to rally on Wednesday but gave back gains near the 0.69 level to plunge all the way down to the 0.6750 level at one point.
The EUR/USD price crawled back as investors waited for the upcoming interest rate decision by the European Central Bank (ECB).
The GBP/USD pair staged a recovery during the American session as the strong US dollar rally took a breather.
The AUD/USD pair attempted to recover after the surprise interest rate decisions by the Reserve Bank of New Zealand (RBNZ) and Bank of Canada (BOC).
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The factors of the euro's weakness are still continuing, most notably the Russian war and its consequences.
The rise in US inflation levels coincided with the decline in US Treasury bond yields.
For three trading sessions in a row, the bulls are settling in the price of the USD/JPY currency pair around the resistance level at 125.75, the highest in six years.
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Sign up to get the latest market updates and free signals directly to your inbox.Despite the positive numbers of the jobs and wages market in Britain, the markets have commented on the future of tightening the Bank of England’s policy
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the second day, by -0.26%, to lose the index by -87.74 points.
The Turkish lira rose slightly during trading yesterday, Tuesday, despite US data that showed a rise in inflation, which was supposed to cast a shadow on the dollar.