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 Australian dollar has gone back and forth during the trading session on Tuesday as we continue to look at the 0.65 level as an area that is going to offer significant resistance.
The S&P 500 initially tried to break above the 200 day EMA but could not succeed for the breakout.
The NASDAQ 100 initially tried to rally again during the trading session on Tuesday but gave back the gains in a rather ferocious manner slicing through the 9100 level.
Relative strength in the AUD
Yen strengthening on risk-off sentiment.
Indian Prime Minister Modi announced a $266 billion stimulus package, approximately 10% of GDP, to revive the stalled economy.
Support holding.
Pound up on better than expected GDP data
Persistent buying below 1.08007
Bonuses & Promotions
While US President Trump claims new Covid-19 infections across the country are falling rapidly, his task force, led by Vice President Pence, contradicts those claims.
A global race to built a TTI infrastructure, referring to test, trace, and isolate, has emerged.
Australian consumer sentiment for May recovered due to gradual easing of lockdown measures, but extreme caution is warranted.
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Sign up to get the latest market updates and free signals directly to your inbox.Silver markets went back and forth during the trading session on Tuesday as we continue to see a lot of hesitation in the market.
Gold markets have rallied a bit during the trading session on Tuesday but did not hang on to all of the gains.
The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Tuesday, as we continue to test the 50 day EMA.