The AUD/USD tried to rally at the beginning of the session on Tuesday but gave back gains rather rapidly as it somehow looks like we are in worse shape than we were a couple of days ago.
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 bullish trend in the USD/CAD remains intact, and Monday’s high above the 1.38000 level feels as if it can be challenged again.
During yesterday's trading session, the price of gold rose from its lowest level in more than two years, as the dollar fell after setting a new record.
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The West Texas Intermediate Crude Oil market has bounced a bit during the session on Tuesday as we continue to see a lot of volatility in this market.
The Nikkei 225 has fallen again during the Tuesday session, but it is worth noting that we are not too far from a major support region.
Gold markets rallied at the beginning of the session on Tuesday but gave up gains yet again as it looks like we are going much lower.
The DAX tried to recapture the €12,500 level but gave back gains to show signs of weakness yet again.
The BTC/USD rallied to kick off the trading session on Tuesday but gave up gain rather quickly.
The NZD/USD is trading near the 0.56000 level as of this writing with rather quick price action on display.
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The GBP/USD pair remained under pressure after mixed economic data from the United States and the UK.
The EUR/USD price continued its bearish trend as hopes of a more hawkish Federal Reserve converged with concerns of European economy.
The AUD/USD price continued its bearish trend as concerns about the Australian and Chinese economies continued.
My previous signal on 14th September produced a small win from the bullish inside bar rejection of the support level I had identified at $18,570.
The S&P 500 E-mini contract has been negative during the trading session on Monday again, threatening to break down below the previous low.
The US dollar has rallied significantly against the Canadian dollar during trading on Monday as we continue to see a push much higher.