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
USDCHF Analysis: Slightly more bullish as 0.9700 continues to hold
GBPUSD: Still supported at 1.2092
EURUSD: Ranging from 1.1163 to 1.1244
EUR/USD's recent bullish correction attempts did not exceed the 1.1249 resistance level recorded during Tuesday's trading session
On the daily chart, the GBP / USD pair is showing a weak performance as the pair trades between the 1.2101 support and the 1.2209 resistance, and is stable around 1.2154 at the time of writing.
I mentioned in my latest technical analysis that the price of gold may head towards the 1500 psychological peak if it succeeds in testing the resistance 1462 and 1475 levels, and the 1490 resistance has already been reached.
Investors continue to buy safe havens amid increasing global trade and geopolitical tensions, which will favor continued downward pressure on USD / JPY.
Silver: Bulls testing new 1-year high at $16.82
NZDUSD: New 3-year low price at 0.6376
Bonuses & Promotions
AUDUSD: Price falls to new 10-year low at 0.6677
USDJPY: Resistance at 106.73 holding
Bitcoin: Sold above $12,000
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Sign up to get the latest market updates and free signals directly to your inbox.The Euro went back and forth during the trading session on Tuesday, showing signs of exhaustion, breaking above the 50 day EMA but then turning around to form some type of shooting star.
The British pound rallied a bit during the trading session on Tuesday, reaching towards the 1.22 level before pulling back to form a very negative sign.
The US dollar has been very volatile against the Mexican peso over the last 24 hours, as we had reached towards the 19.75 pesos level before pulling back.