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
We did not witness a strong move in gold prices during the Wednesday trading
The USD/JPY is trying to maintain the 109.00 resistance to be able to move within its newly formed bullish channel.
AUD/USD: More Bullish
USD/JPY: Consolidating Between 108.62 and 109.19
Bitcoin: Still Bullish
South Africa faced severe economic challenges before the global Covid-19 pandemic and is now exposed to three distinct disruptions.
An extension to the Brexit transition period is now considered, due to the global Covid-19 pandemic.
Japan’s ¥108 trillion or 20% of GDP economic stimulus in response to the global Covid-19 pandemic represents the most massive one announced globally.
Australia and New Zealand are allied with a close relationship on most topics.
Bonuses & Promotions
Support at 1.2252 looks strong
Consolidating Above 1.0832
The US dollar has gone back and forth during the trading session on Wednesday, as the market simply has no direction against the Japanese yen
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The British pound has pulled back slightly during the trading session on Wednesday to look for buyers underneath.
The S&P 500 rallied significantly during the trading session on Wednesday, testing the top of the shooting star from the previous session.