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 Japanese yen plunged to its lowest level since November as investors shifted their focus from the Fed's hawkish decision to the Bank of Japan's policy decision on Friday.
The GBP/USD is trading near the 1.26450 level as of this writing with fast conditions flourishing.
As of this writing the USD/CAD is near the 1.33300 ratio as swift trading is being demonstrated.
The AUD/USD has been making considerable waves in the forex market, rallying notably during Wednesday's trading session.
The GBP/JPY experienced an initial dip during Wednesday's trading session, reflecting the ongoing volatility involving the Japanese yen.
The Gold market witnessed a rally during the trading session on Wednesday as traders keenly awaited the Federal Reserve statement.
The EUR/USD demonstrated a slight initial dip during Wednesday's trading session, in light of the impending Federal Reserve interest rate decision.
The West Texas Intermediate (WTI) Crude Oil market made notable strides early on Wednesday, breaking above the $70 mark.
The S&P 500 index showcased a semblance of tranquility during Wednesday's trading session, as market participants held their breath in anticipation of the Federal Reserve's statement.
Bonuses & Promotions
Silver displayed a minor rally during Wednesday's trading session, hinting at renewed vigor as it continues to hover around the 50-Day Exponential Moving Average.
Natural gas markets displayed a modest rally during Wednesday's trading session, heading toward the pivotal 50-Day Exponential Moving Average.
The USD/JPY showed a slight retreat during Wednesday's trading session as market participants await the Federal Reserve statement.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD experienced a minor rally during Tuesday's trading session in anticipation of the Federal Reserve announcement.
The GBP/USD pair jumped to the highest level in 2023 after the Federal Reserve decision.
The EUR/USD pair wavered in the overnight session after the Federal Reserve delivered its June interest rate decision.