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 EUR/USD faced a turbulent trading session on Tuesday, as it attempted to break above the 50-Day Exponential Moving Average.
The AUD/USD had an initial rally on Tuesday but faced continuous struggles to maintain its momentum against the US dollar.
The GBP/USD exchange rate suffered a harsh reversal in the overnight session.
The EUR/USD exchange rate suffered a harsh reversal in the overnight session even as bond yields and crude oil prices retreated.
Bitcoin has been one of the best-performing assets this week as demand for the coin rises.
Price caught within a medium-term consolidation.
The price of the lira varied against the US dollar during early trading on Tuesday morning, as the Turkish currency stabilized near its lowest level ever against the US dollar.
The EUR/USD tried to rebound higher with gains that reached the resistance level of 1.0650, which is its highest level in a month.
The AUD/USD experienced a notable decline in Monday's trading session, drawing attention to key support levels around 0.6275.
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The crude oil markets witnessed a significant dip during Monday's trading session.
The price of gold XAU/USD declined towards the level of 1965$ after it was close to test the psychological resistance of 2,000 USD per ounce.
The gold market experienced some fluctuations during Monday's trading session, but it ultimately rebounded as it continued to attract investors' attention.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD exchange rate could record a more determined advance over the coming days as the technical setup improves on short-term time frames.
The United States is currently experiencing what's commonly referred to as an "Indian Summer," which means warmer temperatures are on the horizon for the next week or two.
The USD/JPY jumped towards the psychological resistance level of 150.00 for a very short time before retreating towards the support level of 149.55.