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 past few days of trading in ETH/USD have seen the digital currency climb from important support back to optimistic speculation.
DOGE/USD is suddenly trading within a tight consolidated range where a tenth of a cent looks like support and resistance.
The strength of the US dollar continues to put pressure on gold, which fell at the beginning of yesterday's trading to the $1707 support level, before settling around $1738 as of this writing.
The British pound's performance may be subject to strong and violent movements after an announcement later by the British Ministry of Finance.
The USD/JPY is still moving in an upward channel, having broken through the 106.00 resistance level to reach the 106.96 resistance level before settling around 106.65 as of this writing.
Amid recent selling, the EUR/USD moved to the 1.1990 support level, then made an upward correction after buyers returned and settled around 1.2094 as of this writing.
Price above $50K is a bullish sign if it holds up today.
British state budget likely to be the key driver today.
The FTSE 100 fluctuated during the course of the trading session on Tuesday, reaching down towards the 50-day EMA, which is currently sitting at the 6528 level.
Bonuses & Promotions
The DAX index initially pulled back a bit during the trading session on Tuesday but found buyers underneath the 14,000 level to continue to push to the upside.
The West Texas Intermediate Crude Oil market initially tried to rally during the trading session on Tuesday but gave back the gains as we fell below the $60 level a couple of times during the session.
The S&P 500 pulled back just a bit during the trading session on Tuesday to reach down towards the 3080 handle.
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Sign up to get the latest market updates and free signals directly to your inbox.The NASDAQ 100 pulled back a bit during the trading session on Tuesday as we have lost 1.25%.
The Australian dollar initially pulled back a bit during the trading session on Tuesday to reach down towards the previous uptrend line.
The euro fell to the 1.20 level only to turn around and rally during the trading session.