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 Australian dollar initially collapsed on Wednesday but then turned around to show signs of life yet again.
The S&P 500 continues to run straight up in the air in what will almost certainly be thought of as a “melt-up.”
Litecoin markets went back and forth on Wednesday as we are trying to catch our breath after a bigger move higher.
Neo went back and forth on Wednesday to break above the $27.50 level, but it has not shown any real strength one way or the other.
The euro broke higher on Wednesday as rumors broke out that perhaps the Russians and the Ukrainians could come to some type of peace agreement.
Keep in mind that the market does tend to be very choppy, so I would not be looking for huge moves at any one time.
Bitcoin pulled back just a bit on Wednesday but found plenty of buyers underneath the turn things around.
Gold markets gapped lower to kick off on Wednesday to continue going lower and reach the $1900 area.
The German DAX Index rallied rather significantly on Wednesday, as rumors of potential warming to a cease-fire process.
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The West Texas Intermediate Crude Oil market went back and forth during a wild day on Wednesday as we continue to see volatility pick up.
The British pound has weakened over recent days.
The EUR/USD rose in the overnight session as the new round of talks between Russia and Ukraine continued in Turkey.
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Sign up to get the latest market updates and free signals directly to your inbox.The strong BTC/USD rally appeared to fizzle out even after the latest developments by MicroStrategy.
The AUD/USD is loitering near its highest level since November last year after the strong Australian retail sales numbers and the budget.
The lira continues to trade unchanged since the middle of last week, after recording a series of declines after the Russian invasion of Ukraine.