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.
Forex Daily Forecast, Analysis and Prediction
Top Forex BrokersForex Daily Forecast, Analysis and Prediction
After retrying to test highs over the weekend, BTC/USD has fallen lower again and the velocity achieved downwards has likely made speculators nervous.
The AUD/USD has been experiencing significant fluctuations against the US dollar, reflecting a period of uncertainty and adjustment in the trading sessions.
Crude oil markets exhibited a phase of consolidation during the Tuesday session, hovering around the 20-day EMA, a critical indicator for traders and investors.
The USD/JPY exhibited an initial surge during the Tuesday trading session but subsequently relinquished its gains, displaying signs of hesitation.
The British pound has experienced a slight decline against the Japanese yen in the Tuesday trading session, reflecting a sense of uncertainty and hesitation in the market.
Downward momentum continues for EUR/USD performance, with losses extended to the support level of 1.0555, its lowest in six months.
The pound sterling against the US dollar GBP/USD continues to bleed losses strongly. The 1.2135 support level reached its lowest level in more than six months.
The recovery of the Japanese yen from its lowest levels in several months against the US dollar did not last long after new threats to intervene in the forex currency market.
The failure of the gold price XAU/USD to move above the resistance of $1945 per ounce will support the formation of the head and shoulders
The GBP/USD has experienced another decline during the Tuesday trading session, reflecting a prevailing negative sentiment in the market.
The S&P 500 exhibited a minor retraction during Tuesday's trading session but demonstrated resilience with a subsequent bounce.
Silver experienced a decline during Tuesday's trading session, reaching the $23 level.
The natural gas markets exhibited a slight retraction during the trading session on Tuesday, characterized by considerable fluctuations and noise.
Gold markets experienced a decline during Tuesday's trading session, approaching the 200-Day EMA, a critical indicator closely monitored by many.
The EUR/USD experienced significant fluctuations during the early trading sessions on Tuesday, exhibiting resilience amidst a period marked by persistent selling.