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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In the pre-market futures session on Wednesday, the S&P 500 displayed a modest rally.
Silver encountered a minor pullback during Wednesday's trading session but subsequently exhibited signs of revival.
Although the American Federal Reserve kept the interest rates unchanged as expected, the price of the euro currency pair against the US dollar EUR/USD was exposed to stronger selling operations
There are many factors that contributed to further losses in the GBP/USD currency pair currently which fell to support 1.2304 at the time of writing.
The US dollar receiving a positive wound from the Federal Reserve Bank of America's real estate halted the path of gains in the price of gold XAU/USD this week.
Natural gas markets experienced a slight retreat during Wednesday's trading session, continuing to navigate around the 50-Day Exponential Moving Average.
The gold market made significant strides during Wednesday's trading session, surging past the 50-Day Exponential Moving Average.
The EUR/USD exhibited a modest uptick during the early hours of Wednesday, signaling a potential shift in sentiment among traders who had been aggressively shorting the currency.
Speculators of the USD/TRY have likely become accustomed to the ‘new’ and healthy trading landscape that is being demonstrated by the currency pair.
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The continued tightening of the US Federal Reserve Bank's policy helped the bulls push the USD/JPY currency pair towards stronger upward levels.
BTC/USD has come off higher values seen earlier this week; speculators are now being confronted by headwinds and technical considerations.
In Wednesday's trading session, the crude oil markets took a step back as the specter of overextension loomed large.
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Sign up to get the latest market updates and free signals directly to your inbox.In Wednesday's trading session, the British pound experienced a minor retreat but managed to find support just below the 50-Day Exponential Moving Average, offering a glimmer of hope for a potential resurgence.
The GBP/USD embarked on a turbulent journey during Wednesday's trading session, initially facing a decline as it leaned on the crucial support level of 1.2350, a zone that has repeatedly played a pivotal role in recent times.
During Wednesday's trading session, the Australian dollar demonstrated a significant rally, breaking free from the confines of a downtrend line and igniting the possibility of an ascent to the 0.65 level.