The S&P 500 rallied a bit during the trading session on Wednesday but gave a gain to show signs of exhaustion.
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 GBP/USD pair has bounced from the 200-Day EMA again on Wednesday, as we continue to consolidate ahead of a crucial Federal Reserve meeting next week.
The EUR/USD rallied a bit during the trading session on Wednesday, but as you can see, we continue to bounce around the same area.
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The DAX has gone back and forth during the session on Wednesday, as it looks like we are hanging on to the minor support from the recent consolidation.
The BTC/USD has pulled back a bit during the trading session on Wednesday, as we continue to see truly lackluster performance in the cryptocurrency markets.
The AUD/USD has rallied a bit during the trading session on Wednesday, hanging onto the wedge that we have been in for the last couple of weeks.
For the third day in a row, the price of the EUR/USD currency pair is exposed to selling operations that pushed it towards the support level
The pound is poised to extend its recent gains against the dollar some analysts say, but global investor sentiment should remain supportive.
Since the start of this week's trading, the price of the USD/JPY currency pair is in an upward retracement.
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Amidst profit-taking sales, XAU/USD gold prices are trying to hold on to the resistance level at $1775 an ounce, to continue the bullish trend.
Spot natural gas prices (CFDS ON NATURAL GAS) rose in early trading on Wednesday, to achieve strong daily gains, up to the moment of writing this report, by 5.99%.
The Dow Jones Industrial Average continued to decline during its recent trading on intraday levels, to record new losses in its last sessions by -1.03%.
The exchange rate of the TRY/USD has maintained its stability without change.
The GBP/USD price retreated as the US dollar index rallied and as America’s Treasury yields continued their downward trend.
The EUR/USD exchange rate tilted lower as the US dollar index (DXY) bounced back and stocks retreated.