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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My previous BTC/USD signal on 14th June was not triggered as none of the key support or resistance levels were reached that day.
The EUR/USD faced a minor pullback during Wednesday's trading period, remaining closely tethered to the 1.09 mark.
The AUD/USD witnessed a significant decline during Wednesday's trading session, dropping toward the 0.66 level.
The GBP/USD price continued its downward spiral as the US dollar index (DXY) jumped by more than 40 basis points.
The forex market in the American and Asian sessions was characterized by a stronger dollar as central bank officials delivered their remarks at the ECB Summit in Portugal.
The AUD/USD pair continued slipping after the hawkish statement by the Federal Reserve chairman and after encouraging Australia’s inflation data.
The exchange rate of the TRY/USD stabilized during early trading today, Wednesday, to witness the second temporary halt in a series of strong rises that continued for several weeks.
The USD/BRL closed near the 4.8115 ratios yesterday, which is a solid result and demonstrates the currency pair remains near its one-year lows.
As of this writing the NZD/USD is trading near the 0.61150 ratio, after trading at a high of nearly 0.62230 last Thursday.
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During Tuesday's trading session, the USD/JPY displayed a back-and-forth movement, reflecting an effort to correct some recent excessive gains.
Silver showcased a remarkable rally in Tuesday's trading session, surpassing the crucial 200-Day Exponential Moving Average with notable speed.
The NASDAQ 100 rallied significantly during the trading session on Tuesday, as it looks like the NASDAQ 100 is ready to continue going higher.
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Sign up to get the latest market updates and free signals directly to your inbox.In Tuesday's trading session, the British pound initially attempted to rally against the Japanese yen but ultimately surrendered its gains.
In Tuesday's trading session, the British pound continued its consolidation, maintaining its position above a crucial support level.
New hints from European Central Bank policy officials confirm that the bank is determined to continue tightening its policy, which supported new gains for the EUR/USD currency pair.