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 S&P 500 initially pulled back during the trading session on Wednesday as we awaited the FOMC statement.
The gold markets have been all over the place during the trading session on Wednesday as the FOMC Statement came out as well as the press conference.
The West Texas Intermediate Crude Oil market has fallen quite a bit during the trading session on Wednesday, heading into the FOMC.
Natural gas markets rallied again during the trading session on Wednesday, reaching towards the recent highs that we have seen, near the $2.73 level.
Bitcoin has pulled back a bit during trading on Wednesday in relatively quiet action.
During yesterday's trading session, GBP/USD tried to maintain its bullish trend by returning to the vicinity of the 1.2900 resistance
As we expected from the beginning of this week that the EUR/USD price action will be in a limited range until the Fed's monetary policy decisions are announced.
Gold prices fell for the third day in a row, and the price of an ounce of gold reached the $1483 support, amid continued optimism over the US-China trade deal.
USD/JPY rally attempts stopped at the 109.06 resistance, pending US economic growth figures and the announcement of Federal Reserve decisions.
Bonuses & Promotions
NZDUSD: Bearish below 0.6350 area
AUDUSD: Bullish but beware of 0.6880
USDJPY: Bullish above 108.79
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Sign up to get the latest market updates and free signals directly to your inbox.The US dollar has gone back and forth during the trading session on Tuesday as traders are awaiting the results of the FOMC interest rate decision and of course the statement.
The Euro initially fell during the trading session on Tuesday, reaching down towards the 1.1075 level underneath.
The Australian dollar has rallied a bit during the trading session on Tuesday, as we have reached towards the highs that have been tested several times.