The gold price rebounded from its lowest level in nearly two months during Tuesday's trading session, rising to $1487 an ounce after testing the $1459 support.
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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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Completing the downward correction, GBP/JPY fell to the 131.77 support before, settling around 132.31 at the time of writing.
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The S&P 500 initially tried to rally during the trading session on Tuesday but then broke down rather significantly.
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The ISM figures in the United States on Tuesday were very shockingly low, and therefore it’s not a huge surprise that the US dollar pulled back against the safety currency known as the Japanese yen.
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The Australian dollar has fallen hard during the trading session after initially trying to rally on Tuesday.
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The NASDAQ 100 initially tried to rally during the trading session on Tuesday, but then broke down rather significantly to fall apart.
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The Euro initially fell during the trading session, breaking down below the 1.09 level on Tuesday again.
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The West Texas Intermediate Crude Oil market has initially tried to rally during the trading session but found enough resistance at the previous uptrend line.
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The British pound fell rather hard during the trading session on Tuesday, but turned around as reports were leaked that perhaps the EU was opened to the idea of extending the timeline involving the so-called “Irish backstop.”
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Natural gas markets have fallen a bit during the trading session on Tuesday, slicing through the $2.30 level.
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Bitcoin markets initially rallied during the trading session on Tuesday, but then rolled right back over at the top of the short term range that the market had been in.
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Gold markets initially fell during the trading session on Tuesday after gapping higher.
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Yesterday’s US ISM Manufacturing Index for September clocked in at the worst reading in a decade which deflated bullish momentum in the US Dollar.
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Brexit is less than 30 days away and British Prime Minister Johnson issued an ultimatum to the EU; either it will be his proposed deal or no deal at all
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