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 decline of the US currency was a long-awaited catalyst, and therefore the opportunity was better for the yellow metal to rise,
Risk aversion increased gains for the Japanese yen more than gains of the US dollar as safe havens.
Today and tomorrow are the defining moments in the course of trade negotiations between the European Union and Britain,
Mexican President López Obrador enjoys an ongoing increase in his approval rating, despite the Covid-19 pandemic, a damaged economy, and rising homicide across Latin America’s second-largest economy.
South Africa continues to struggle with slow-moving reforms, and President Cyril Ramaphosa's efforts to revitalize the economy are met with criticism and were labeled xenophobic to some degree.
The USD/PKR has been able to trade in a tight range the past two days and has maintained lower values after experiencing bearish momentum.
Global risk appetite remains hard to gauge in early trading this morning. While the past couple of days have seen slight declines in major equity indices
The US dollar fell during the trading session on Wednesday, reaching down towards the ¥105 level again.
The USD/CHF continues to demonstrate a rather steady and progressive bearish trend as the Swiss France tests important support levels.
Bonuses & Promotions
The DAX Index was rocked with a gap lower this morning as concerns are spreading throughout Europe regarding a new wave of coronavirus
The Bitcoin markets have drifted a little bit lower during the trading session on Wednesday, as we have pulled back from the shooting star from the previous session.
The S&P 500 has gone back and forth during the trading session on Wednesday as we continue to dicker around with the idea of whether we are going to get stimulus or not in the United States.
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The Australian dollar initially tried to rally during the trading session on Wednesday but has turned around to show signs of exhaustion again.
USD/JPY: Approaching the lower edge of the long-term price range