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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Natural gas markets have been trading sideways just above the $2.00 level, showing little sign of significant movement in either direction.
Gold markets experienced a slight pullback during Thursday's trading session, as the yellow metal has reached an overextended level.
The EUR/USD recent trading activity has been somewhat subdued, with the markets showing a willingness to sit within a particular range.
As of this morning’s price action the USD/TRY is trading near the 19.25400 ratio, yesterday’s low briefly touched the 19.16050 ratio.
On Tuesday the USD/CAD briefly challenged the 1.34050 vicinity and after moving higher, then tested support near the 1.34245 ratio a few times yesterday.
The US dollar continues to weaken against the Japanese yen during Wednesday's trading session.
The British pound has retraced slightly from the 1.25 level, which is a significant technical level that has been important multiple times in the past.
The Euro made an initial attempt to rally on Wednesday, but it didn't last long as concerns about the economy started to weigh on the currency markets.
The Australian dollar has been trying to make gains in the forex market, but it has faced some challenges along the way.
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The NASDAQ 100 Index experienced a dip during the early hours of Wednesday before making a comeback, finding significant support at the 13,100 level.
The S&P 500 experienced a slight dip during the trading session on Wednesday, exhibiting a lot of fluctuation in the market.
Silver prices have been oscillating during the trading session on Wednesday, hitting the $25 per ounce mark.
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The West Texas Intermediate Crude Oil market appears to be stuck in a consolidation phase, with very little movement during the Wednesday trading session.
Gold markets experienced a rally during Wednesday’s trading session, showing signs of a potential impulsive move.