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 AUD/USD experienced a bounce at the 0.66 level, a previously supported area within a prolonged consolidation phase.
The S&P 500 has been bullish during most of the month of June, and it’s possible that we may have a little bit of a cooling period for the month of July
Gold markets have drifted lower during the majority of June, as we continue to fall in the face of higher interest rates.
USD/ZAR: Hard Lesson that Things in Forex can Change Quickly
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The exchange rate of the Turkish lira against the US dollar stabilized during early trading today, Thursday morning, to witness the second temporary halt in a series of strong rises that continued for several weeks.
The USD/NOK is trading near the 10.78950 ratio as of this writing, after trading at a low of nearly 10.65200 on Tuesday.
Since the start of this week's trading, the price of the EUR/USD currency pair has been moving within an upward retracement path
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During Wednesday's trading session, the US dollar initially retreated slightly but swiftly demonstrated a resurgence against the Japanese yen.
Throughout this week's trading, the XAU/USD gold price is in a downward correction path, as a result of which it pushed towards the support level of $1902 an ounce.
The recent selling operations pushed the price of the GBP/USD pair to the threshold of the support level 1.2600, which paves the way for a break in the bullish trend.
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Sign up to get the latest market updates and free signals directly to your inbox.During the trading session on Wednesday, the S&P 500 index experienced a slight pullback, a testament to the ongoing volatility and fluctuating conditions in the market.
Japanese policymakers and business leaders seem more optimistic about the recent slide in the yen than they were about the crash that triggered intervention last year
During Wednesday's trading session, silver exhibited a slight dip but quickly rebounded with buyers rallying near the $22.50 level, eventually reaching the 200-Day Exponential Moving Average (EMA).