Get today's recommendation on the lira against the dollar
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
My previous GBP/USD signal on 16th August could have produced a slightly profitable short trade from the bearish rejection of the resistance level which I had identified at $1.2100 if the trade had been closed out at the end of the day’s London session.
The US dollar's gains were temporarily halted against the other major currencies after data released yesterday showed that the slowdown in the US economy may have accelerated in August.
Top Regulated Brokers
The Dow Jones industrial index continued to decline in its recent trades ,registering record losses for the third session in a row.
Spot natural gas prices (CFDS ON NATURAL GAS) stabilized at a decline in recent trading at intraday levels, to achieve slight daily gains until the moment of writing this report, by 0.96%.
The USD/CAD is producing a rather steady diet of fast paced value changes as it traverses within its upper range.
The GBP/USD has attempted to bounce during the trading session on Tuesday as the selling pressure seems to be letting up a bit.
The USD/BRL closed near the 5.1037 level yesterday and a low of nearly 5.0700 was achieved.
Gold markets rallied a bit during the trading session on Tuesday to show signs of life again as the market has threatened to break above the $1750 level.
Bonuses & Promotions
The US dollar has fallen against the Japanese yen to kick off the trading session on Tuesday, but found enough support near the ¥136 level to turn around and form a hammer.
The BTC/USD has been very quiet during the trading session on Tuesday as we continue to hang around the $21,000 region.
The Australian dollar has rallied during early trading on Tuesday to reach the 50 Day EMA but has also given back quite a bit of the gain.
The ETH/USD has gone back and forth during the trading session on Tuesday as we continue to trace the 50 Day EMA.
The West Texas Intermediate Crude Oil market has broken out of a falling wedge on Tuesday to show signs of life again.
The NASDAQ 100 initially tried to rally on Tuesday but continues to see a bit of trouble.