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 US dollar has fallen hard against the Japanese yen during the trading session on Wednesday and it looks like it’s ready to continue the downtrend.
Gold markets initially pulled back during the trading session on Wednesday, reaching down towards the $1500 level.
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Weak confidence in the performance of the German economy to the lowest level in 8 years increased the bearish momentum of the EUR / USD pair
For the fourth day in a row, the GBP / USD has been stabilizing on the threshold of 1.2000 psychological support and is struggling not to break through this support to avoid stronger selling and testing new record support levels.
The gold ounce lost a total of $ 55 during Tuesday's session, with strong gains in global stocks immediately after the United States announced the postponement of new tariff on Chinese imports, which was scheduled for September 1.
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Immediately after the US announcement of the postponement of further tariffs on Chinese products, which was scheduled for September 1
Silver: Retreat from 18-month high near $17.50