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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The GBP/USD showed a lot of volatility during Wednesday's trading session, as it oscillated back and forth without showing any clear direction.
The S&P 500 index experienced a slight decline during Wednesday's trading session, as the market continues to maintain its bullish stance.
Silver has been struggling in recent trading sessions, as the market continues to exhibit a high level of volatility.
Natural gas has been facing bearish momentum over the last few sessions, despite a recent recovery.
The US dollar experienced some gains against the Japanese yen during the Wednesday session but ultimately gave back a significant portion of that gain due to high volatility.
The price of the TRY/USD settled near its lowest level ever against the US dollar, which it recorded during trading at the beginning of the week.
After trading near a high of almost 0.63150 on early last Friday, while coming in sight of important resistance levels
The USD/INR touched the 81.5200 price vicinity on early Friday of last week.
For the second day in a row, the price of the euro currency pair against the US dollar, EUR/USD, is trying to compensate for its recent losses.
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For four consecutive trading sessions, the price of the USD/JPY currency pair moved in a rebound path to the upside, with gains that stopped at the resistance level of 134.70.
According to the recent movement of the GBP/USD currency pair, there is a clear struggle between bears and bulls.
Despite the recent recovery of the US dollar, the XAU/USD gold price managed to return to stability around and above the psychological resistance of $2000 an ounce
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD exchange rate bounced back after the strong jobs numbers from the United Kingdom.
The EUR/USD pair rose slightly on Tuesday as the US dollar sell-off continued.
The daily chart shows that the AUD/USD pair has been moving sideways after bottoming at 0.6560 in March.