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
The AUD/USD made an initial attempt to rally during Thursday's trading session, encountering a hurdle at the 50-Day Exponential Moving Average.
The TRY/USD traded stable against the dollar for the second week in a row, indicating the intervention of government banks to maintain the price of the lira, albeit in a less strong way than it was previously.
The return of the US Central Bank’s emphasis on the future of raising interest rates, despite its recent decision to maintain US interest rates, helped the US dollar achieve its gains.
I indicated in the recent technical analysis the stability of the USD/JPY currency pair for several trading sessions.
For five consecutive trading sessions, the bulls continue to try to control the performance of the GBP/USD currency pair, but the gains in control did not exceed the resistance level of 1.2740, and it settled around the level of 1.2710 at the time of writing.
The US Federal Reserve's reaffirmation of the possibility of raising US interest rates.
Gold markets opened on a bullish note on Wednesday, indicating a potential upward trend.
The USD/JPY is trading near the 143.900 mark as of this writing.
The current price of the NZD/USD is near the 0.62025 mark as of this writing.
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The natural gas markets displayed a modest rally during Wednesday's trading session as traders returned from the Independence Day holiday in the United States.
Silver price showcased a back-and-forth movement during Wednesday's trading session, hovering around the 200-Day Exponential Moving Average (EMA).
The S&P 500 experienced a slight pullback during Wednesday's trading session as it encountered significant resistance near the 4500 level.
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Sign up to get the latest market updates and free signals directly to your inbox.During Wednesday's trading session, the USD/JPY dollar displayed uncertainty, oscillating as market participants attempt to determine the next course of action.
The WTI and Brent oil markets experienced a notable rally during Wednesday as traders returned from the Independence Day holiday in the United States.
The NASDAQ 100 has gone back and forth during the course of the trading session on Wednesday as traders have returned from the Independence Day holiday in the United States.