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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During Wednesday's trading session, the British pound encountered a slight retreat in its value relative to the Japanese yen, reflecting a volatile market environment.
During Wednesday's trading session, the AUD/USD experienced a minor pullback before rebounding from the 50-Day Exponential Moving Average.
My previous BTC/USD signal on 5th June may have produced a losing long trade from the small bounce at the support level at $26,687.
The GBP/USD forex pair was a bit choppy as the light economic calendar week continued.
The euro against the US dollar price has gone nowhere this week.
The AUD/USD exchange rate retreated as concerns about the Australian and Chinese economies continued.
Since the start of trading this week, the exchange rate of the euro currency pair against the dollar, EUR/USD, is in a narrow range with a downward tendency.
Sterling began the new week on a weak note and fell against most of its G10 counterparts, but analysts at Goldman Sachs and others say the British currency can continue to outperform.
The neutral situation dominates the performance of the USD/JPY currency pair in the recent trading sessions, and the psychological resistance 140.00 still supports the bulls' control.
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Since the start of this week’s trading, the XAU/USD gold price has been trying to stop the pace of its recent losses.
The losses of the TRY/USD did not stop at all for more than a month, with the Turkish currency declining to record levels of losses on a daily basis.
The USD/SGD is trading near a value of 1.34950 as of this writing with the usual rapid price action the currency pair demonstrates.
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Sign up to get the latest market updates and free signals directly to your inbox.The NZD/USD is trading near the 0.60690 mark as of this writing.
The S&P 500 exhibited a back-and-forth movement during Tuesday's trading session, with the index hovering just below the significant 4300 level.
The silver market experienced a slight decline during Tuesday's trading session, contributing to the ongoing noise in the market.