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 1.09 level remains a point of keen interest for numerous traders.
The early activity in the S&P 500 on Tuesday seemed to echo the tone of the preceding sessions – a distinct lack of substantial movement.
The USD/JPY exhibited a back-and-forth movement during the trading session, reflecting a sense of hesitation in the market.
The West Texas Intermediate Crude Oil market experienced a rather notable decline during Tuesday's trading session, with indications pointing towards a potential descent towards the $80 level.
Tuesday's trading session breathed new life into the GBP/JPY, instilling a sense of optimism within the market as indications of an imminent breakout gained prominence.
The GBP/USD displayed a modest rally during Tuesday's trading session, indicating an attempt to breach the 50-Day Exponential Moving Average.
Tuesday's trading session cast a spotlight on the AUD/USD lively performance, featuring a swift plunge below the 0.65 level followed by a prompt recovery.
The GBP/USD exchange rate was flat on Wednesday morning, a day after the US and UK published strong economic data.
Bitcoin’s deep slumber continued this week as the coin ignored important macro data from the US, UK, and China.
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The AUD/USD sell-off gained steam this week after the relatively mixed economic numbers from the US, China, and Australia.
Euro is showing some relative strength despite strong Dollar.
The USD/TRY stabilized, trading near its highest levels ever.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/JPY was almost flat against other currencies in Asian trading after better-than-expected economic data.
Gold futures fell amid a rally in the US dollar and ahead of important economic data that could provide insights into how the US economy is performing.
The GBP/USD exchange rate has fallen sharply from its highs in early July, but now the risk is that any attempt at recovery is stalled on Wednesday by the ebbed wave of UK inflation, leaving Sterling unable to sustain any momentum.