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 euro fell a bit on Tuesday to test the 1.14 level before turning around and showing signs of life.
The West Texas Intermediate Crude Oil market sold off quite drastically on Tuesday as we plunged towards the $88.50 level.
Gold markets initially fell a bit on Tuesday but then turned around to show signs of strength again.
The Australian dollar initially pulled back on Thursday but then turned around to show signs of life again.
Ripple rallied rather significantly on Tuesday to slice through the 200-day EMA quite easily.
The Bitcoin market initially rallied on Tuesday to test the 200 day EMA but has turned around quite drastically to form a less-than-impressive candlestick.
The S&P 500 went nowhere over the last four days, but it certainly has wrecked a lot of short-term traders.
The NASDAQ 100 was essentially a back-and-forth market over the last three days, and Tuesday was never going to be any different.
The US dollar rallied just a bit on Tuesday to break above the 15.50 rand level, only to see sellers come back into the market and push it back down.
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The EUR/USD pair wavered in the overnight session as investors continued to assess the impact of the hawkish Fed and ECB on the respective currencies.
The BTC/USD pair retreated slightly in the overnight session as the strong recovery stalled.
The AUD/USD pair has been in a tight range in the past few days as investors assess the actions of the Reserve Bank of Australia (RBA) and the Federal Reserve.
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Sign up to get the latest market updates and free signals directly to your inbox.A temporary halt to the gains of the US dollar was an opportunity for the gold market to achieve gains at the beginning of trading this week.
The price of the USD/JPY currency pair moved at the beginning of the new week's trading with upward gains to the resistance area 115.43 and settled around the 115.06 level at the time of writing the analysis.
For the second day in a row, the price of the GBP/USD currency pair is subjected to profit-taking operations after its strong gains recently, reaching the resistance level 1.3628.