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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For three consecutive trading sessions, the EUR USD has been holding steady between the 1.1167 support and 1.1249 resistance in a narrow, limited and stable range
With the lack of economic data and events since the beginning of this week's trading, it was normal for the GBP / USD pair to consolidate during the last trading sessions
Going back to my recent technical analysis, I pointed out that gold's gains will persist and last longer.
On the USD / JPY daily chart below, it seems clear that the price of the pair is exposed to test new support levels in the event of moving around and below the 105 psychological support, the lowest in seven months.
Silver: New 1-year high at $17.22
NZDUSD: Price recovers from 3-year low
AUDUSD: Price recovers strongly from 10-year low
USDJPY: New resistance at 106.30 holding
Natural gas markets initially tried to rally during the trading session on Wednesday but found enough resistance to roll over yet again.
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Bitcoin: Consolidating triangle around $11,750 area
The Euro went back and forth during the trading session on Wednesday, as we can’t have any clarity
The British pound went back and forth during the trading session on Wednesday yet again as we continue to bounce around the 1.2150 level.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin markets went back and forth during the trading session on Wednesday, as we continue to test a major level.
The West Texas Intermediate crude oil markets fell rather hard during the trading session on Wednesday, reaching down towards the $50 handle.
The NASDAQ 100 initially fell during the trading session on Wednesday, reaching down towards the 200 day EMA before turning around and bouncing significantly later in the day.