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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Despite US Central Bank Governor Jerome Powell's assertion of the possibility of raising US interest rates throughout the year 2023 until inflation is contained
The GBP/USD exchange rate quickly gave back short-term gains in mid-week trading after the Office for National Statistics (ONS) indicated that inflation-taking could leak
BTC/USD is trading above 30,200.00 as of this writing and readers are urged to check this against the market price as they glance at this article.
XAU/USD gold prices fell to the support level of $1919 an ounce during yesterday's trading, before prices stabilized around $1935 an ounce at the time of writing.
US central bank officials affirmed the continuation of the US interest rate hike policy.
Traders who have had the courage to speculate on the USD/TRY and have been participating in the currency pair over the past week are likely looking at their technical charts a bit surprised.
The USD/JPY experienced a modest rally during Wednesday's trading session, indicating sustained upward pressure.
The NASDAQ 100 has fallen during the trading session on Wednesday, as the 15,250 level that had originally been a target has now offered a bit of the ceiling.
The EUR/USD exhibited back-and-forth movement during Wednesday's trading session as it attempts to alleviate some of the excessive volatility.
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WTI Crude Oil (US Oil) and Brent markets experienced further rallies during Wednesday's trading session, with both approaching the 50-Day EMA as a potential dynamic resistance level.
The AUD/USD made an initial attempt to rally during Wednesday's trading session but encountered a barrier at the 0.68 level, unable to overcome it.
The S&P 500 appears poised to encounter some profit-taking following its recent meteoric ascent.
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Sign up to get the latest market updates and free signals directly to your inbox.During early trading on Wednesday, the silver market experienced a significant downturn due to the strengthening of the US dollar.
During Wednesday's trading session, gold markets experienced further declines, nearing the lower end of recent support levels.
During Wednesday's trading session, the GBP/USD initially attempted to rally but eventually relinquished its gains.