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
USDJPY: Possibly less bullish as price gets more congested
Bitcoin topping out at $8,000?
USDCAD remains trapped in a month-long price range
USDCHF consolidating between 1.0050 and 1.0120
GBPUSD: new 4-month lows below 1.2700
EURUSD: Threatening a bearish break below 1.1140
The Euro went back and forth during the trading session on Wednesday, as we continue to see a lot of noise overall.
Bitcoin markets fell slightly during the trading session again on Wednesday, as we are approaching significant resistance above.
The US dollar has pulled back a bit against the Japanese yen during trading on Wednesday, as the 50 day EMA has caused a bit of resistance.
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The WTI Crude Oil market fell significantly during the trading session on Wednesday, slicing through the 50 day EMA.
The S&P 500 went back and forth during trading on Wednesday as we continue to dance around the 50 day EMA.
Gold markets went back and forth during the trading session on Wednesday, bouncing around the $1270 level.
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Sign up to get the latest market updates and free signals directly to your inbox.Since the beginning of this week's trading, ahead of the announcement of the US Federal Reserve last meeting, the EUR/USD is still under strong downward pressure
Ahead of the release of the US Federal Reserve meeting’s minutes, gold prices are still facing strong pressure to maintain their recent losses,
For four consecutive trading sessions, the USD/JPY pair has rallied around the top of the 110.00 psychological resistance,