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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For three consecutive trading sessions, the price of the GBP/USD currency pair is trying to remain relatively stable after its recent losses.
The continued strength of the US dollar after the results of the recent US economic data, and after the US Federal Reserve confirmed that it is determined to continue tightening its policy
The S&P 500 index finds itself in a tight spot, hovering around the 50-Day Exponential Moving Average and undergoing a crucial test at the bottom end of a larger price channel.
In early trading this morning Gold is testing important mid-term support levels as nervous headwinds batter global markets and feed into selling pressure for the precious metal.
The silver market continues its pattern of erratic behavior, yet signs are emerging that a measure of stability may be coalescing around the $22.50 price point.
The GBP/USD exhibited cautious gains during Wednesday's trading session, hinting at a potential breakthrough of the 50-Day Exponential Moving Average.
BTC/USD has produced swift price velocity lower this morning, as mid-term support levels have proved vulnerable
The prevailing sentiment enveloping the natural gas market reflects a calculated approach, seizing the potential opportunities concealed within price drops.
The USD/JPY has taken a modest step back, displaying a hint of uncertainty in its movement.
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The GBP/USD exchange rate was unchanged after the UK published the latest UK inflation data and FOMC minutes.
The EUR/USD sell-off continued in the overnight session as the US dollar index (DXY) surge gained steam.
The BTC/USD price remained in a deep slumber as the crypto winter continued.
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Amidst the flurry of activity, the 1.09 level stands as a focal point, drawing the attention of traders in its gravitational pull.
In the West Texas Intermediate (WTI) Crude Oil market, Wednesday's trading session portrayed a sense of stability, with the $80 level underneath acting as a psychological bulwark.