The Australian dollar has fallen during the trading session on Tuesday, reaching down to the 0.70 level underneath, and at this point it’s likely that the round figure makes quite a bit of sense.
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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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The Euro broke down significantly during the trading session on Tuesday, slicing through the 1.12 level which of course is an area that has attracted a lot of attention.
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The US dollar rallied a bit during the trading session on Tuesday, breaking above the crucial ¥180 level, which I considered to be “fair value” when it comes to the recent consolidation area.
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Gold markets continue to go back and forth, and Tuesday of course was no different.
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Bitcoin: More bearish as getting established below $10,000
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USDCHF Analysis: Bulls break above 0.9850 area
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Bitcoin: Bears look to be breaking down $10,000
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In the 20-point range, the movements of the EUR / USD pair during yesterday's trading, and we expected calm movements in narrow ranges in the absence of any important data affecting the performance of the pair.
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The price of the pound is getting worse in the Forex market.
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