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 British pound fell rather hard during the trading session on Tuesday, but turned around as reports were leaked that perhaps the EU was opened to the idea of extending the timeline involving the so-called “Irish backstop.”
Natural gas markets have fallen a bit during the trading session on Tuesday, slicing through the $2.30 level.
ETH/USD: More downside on the horizon
Bitcoin markets initially rallied during the trading session on Tuesday, but then rolled right back over at the top of the short term range that the market had been in.
Gold markets initially fell during the trading session on Tuesday after gapping higher.
Yesterday’s US ISM Manufacturing Index for September clocked in at the worst reading in a decade which deflated bullish momentum in the US Dollar.
Brexit is less than 30 days away and British Prime Minister Johnson issued an ultimatum to the EU; either it will be his proposed deal or no deal at all
After the RBA cut interest rates to 0.75% as was widely expected, the AUD/CHF dropped from its 61.8 Fibonacci Retracement Fan Resistance Level into its short-term support zone from where bearish momentum eroded quickly.
From today, Japan will increase sales tax, a move that could affect consumer spending and confidence in the world's third largest economy.
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With EUR/JPY abandoning the 120.00psychological resistance, the bearish trend will remain the strongest.
Risk appetite and the strength of the US dollar contributed to stronger losses for gold prices
Earlier this week, the GBP/USD pair attempted to reverse the five-day losing streak which pushed it towards the 1.2270 three-week low.
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Sign up to get the latest market updates and free signals directly to your inbox.In the last trading session for the month of September, the price of the EUR / USD pair fell below the 1.0900 psychological support level
House prices in the UK posted an unexpected monthly contraction in September, but the data was not sufficient to pressure the British Pound to the downside.
Following a breakdown below its resistance zone, the CAD/JPY descended through its Fibonacci Retracement Fan sequence