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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At the beginning of this week's trading that the price of the euro currency pair against the dollar, EUR/USD, may continue to move in narrow ranges
The AUD/USD experienced a significant decline on Tuesday, approaching a critical level known as the 200-Day Exponential Moving Average.
For three consecutive trading sessions, the GBP/USD currency pair is subject to correctional selling after its highest gains in 14 months.
After a quiet and stable start in the shadow of the American holiday XAU/USD gold futures fell below $1950, with losses affecting the support level at $1930 an ounce.
The West Texas Intermediate (WTI) and Brent crude oil markets have witnessed rallies, testing the 50-Day Exponential Moving Average, only to surrender those gains.
The continuation of the clear divergence between the policy of the Japanese Central Bank's indulgent policy and the Federal Reserve Bank
The silver market experienced a significant decline during Tuesday's trading session, with a focus on the 200-Day Exponential Moving Average as a critical support level.
The natural gas market exhibited sluggishness and minimal activity on Wednesday, reflecting the typical quietness associated with summertime trading.
The NASDAQ 100 has gone back and forth during trading on Tuesday as American traders came back to work after the Juneteenth holiday.
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The gold market experienced a significant decline on Tuesday, primarily due to the strengthening US dollar.
The EUR/USD rate was in a consolidation phase on Wednesday morning ahead of the upcoming testimony by Jerome Powell, the Federal Reserve Chair.
Bitcoin price jumped to the highest level since May this year as sentiment in the industry improved.
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Sign up to get the latest market updates and free signals directly to your inbox.The AUD/USD exchange rate declined after the strong US housing numbers and the latest minutes by the Reserve Bank of Australia (RBA).
My previous GBP/USD signal on 12th June was not triggered as there was no bullish price action when any of the key support levels were reached that day.
Get today's recommendation on the lira against the dollar.