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.
Forex Daily Forecast, Analysis and Prediction
Top Forex BrokersForex Daily Forecast, Analysis and Prediction
Bitcoin is really looking quite dull for traders, beyond possible scalps from reversals at either $25,986 or $26,534.
The AUD/USD experienced a decline during Wednesday's trading session, reflecting the prevailing negativity in the market.
The GBP/USD has experienced a notable decline in recent days, with Wednesday following the downward trend.
Crude oil markets are currently experiencing substantial upward pressure, with indications of potential breakouts to the upside.
Gold markets experienced a substantial decline during Wednesday's trading session, with the US dollar's strength impacting a broad spectrum of assets.
The USD/JPY experienced a slight rally during Wednesday's trading session, continuing its upward trajectory due to persistent upward pressure.
The AUD/USD exchange rate made a bearish breakout and crashed to the lowest level since November as the greenback strength continued.
The EUR/USD exchange rate continued its freefall as the risk-off sentiment gained steam and the US dollar index (DXY) surged.
The GBP/USD pair has retreated in the past six straight days and moved to the lowest point since March 17th.
The S&P 500 exhibited relative quietness during the early trading hours on Wednesday, amidst ongoing market noise.
Silver experienced another decline during Wednesday's trading session, with the market testing the $23 level.
The natural gas markets witnessed a more than 1% increase during Wednesday's trading session, characterized by significant fluctuations and a considerable amount of market noise.
The EUR/USD experienced a significant drop during Wednesday's trading session, reflecting the prevailing strength of the US dollar.
The GBP/JPY has exhibited a back-and-forth motion against the Japanese yen during Wednesday's trading session, signaling attempts at overall stabilization.
After falling to lows late last week the NZD/USD has shown the ability to climb upwards, but the currency pair remains within a known range and is producing choppiness.