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.
Most Recent
The BTC/USD pair retreated in the overnight session as investors reflected on the latest Federal Reserve interest rate decision.
The AUD/USD pair declined to the lowest level since December 2021 after the Fed interest rate decision.
The British pound is recovering from its recent losses and may rise in the short term if the global stock market crash ends.
The recent sale of the US dollar against the Japanese yen (USD/JPY) stopped at the 113.46 support level, the lowest in a month.
The collapse of global stock markets, military tensions between Russia and Ukraine, and skirmishes in the Middle East are factors that supported the price of gold in the upward movement.
It is normal for the price of EUR/USD to move amid a downward momentum ahead of the most important event for global financial markets.
DOT/USD has been able to create a slight reversal higher the last day of trading, but it remains within sight of important support levels which may fuel nervous sentiment.
SHIB/USD has recovered from its lowest values displayed early this weekend, and continues to attract speculators who crave its volatility and ability to deliver results.
Support at $1.3490 looks likely to be pivotal.
Bonuses & Promotions
The British pound fell towards the 1.3450 level again on Tuesday as we continue to question whether or not we are breaking out or breaking down.
The euro stabilized a bit on Tuesday after initially dumping.
The US dollar initially tried to rally on Tuesday but gave back early gains against the South African rand as we continue to consolidate around the 200-day EMA.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 fell initially on Tuesday, but then turned around to show signs of life again.
The NASDAQ 100 broke down a bit on Tuesday as we have continued to see a lot of noisy behavior in the markets.
Gold markets initially pulled back a bit on Tuesday but found enough support underneath to continue going higher.