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
Silver has rallied almost 2% during the trading session on Tuesday, as we have seen weaker than-anticipated economic figures coming out of the United States.
For two days in a row, the price of the euro currency pair returns against the US dollar EUR/USD, rebounding higher with gains above the resistance level 1.0892.
Since the start of trading this week the price of gold XAU/USD is on a rebound path upwards.
Despite a temporary halt to the gains of the US dollar, the upward rebound of the GBP/USD currency pair is still limited and did not exceed the level of 1.2655
The US data during the trading session on Tuesday had Wall Street excited at the prospects of a weak economy.
During yesterday's trading, the price of the USD/JPY currency pair was exposed to selling operations, pushing it towards the support level of 145.66.
The Ethereum markets bounced a bit during the trading session on Tuesday, as the 200-Day EMA has offered a bit of support.
The BTC/USD market has rallied significantly during the trading session on Tuesday, getting over 7% as the JOLTS Jobs Openings in the United States came out with “only 8 million jobs listed”, instead of 9 million jobs.
It looks like the traders on Wall Street are rooting for more negative news, as we continue to see Wall Street look for handouts.
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Natural gas markets drifted a bit during the trading session on Tuesday, as we are trying to reach the support level.
Gold markets have rallied a bit during the trading session on Tuesday, as we have broken above the $1930 level.
Crude oil markets have done very little during the trading session on Tuesday, as we are looking for some type of momentum to go higher.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/JPY initially tried to rally during the trading session to break above the ¥185 level.
The GBP/USD pair bounced back in the overnight session as the US dollar index (DXY) retreated after the weak consumer confidence data.
The EUR/USD exchange rate bounced back on Tuesday after the relatively mixed economic numbers from the United States.