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 Australian dollar pulled back a bit during the trading session on Wednesday, breaking down below the 50 day EMA as we get more of a “risk off” type of situation
The West Texas Intermediate Crude Oil market rallied rather significantly after initially hitting the $55 level underneath.
Bitcoin: Bearish price channel
USDCAD: Bullish above 1.3271
USDCHF Analysis: Narrowing triangle formation
GBPUSD: Strong resistance above 1.2932
EURUSD: Bullish consolidation above 1.1056
Bitcoin continues to look very anemic, as we initially tried to rally during the trading session on Wednesday but gave back the gains
Gold markets went back and forth during trading on Wednesday as we continue to see a lot of confusion in the markets.
Bonuses & Promotions
The US dollar returned to rise again, and therefore, stopped EUR/USD gains which is stable around the 1.1072 level at the time of writing
British Prime Minister Boris Johnson and opposition leader Jeremy Corbyn attacked each other's policies on Brexit, health care and the economy in a televised debate
Investor risk aversion has increased with the expected length of time for the signing of a trade agreement between the United States and China
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NZDUSD: Minor bullish breakout in danger
AUDUSD: Bulls seeking triangle breakout