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 price of the TRY/USD has stabilized near an all-time low.
The euro has rallied against the Japanese yen during the trading session on Tuesday, breaking above the ¥142 level.
The Australian dollar experienced a slight pullback against the US dollar during Tuesday's trading session.
The USD/JPY currency pair experienced a modest rally, reaching towards the ¥132.50 level, which is the top of the range from the previous session.
The Nifty 50 in India has rallied ever so slightly during the trading session on Tuesday.
During the trading session on Tuesday, gold markets fell slightly, pulling back from the psychologically significant $2000 level.
Traders of the USD/JPY have had the ability to watch a rather consolidated handful of calm results in one of the world’s most sophisticated Forex pairs.
The USD/CAD is near the 1.37075 level as of this writing, this as the broad Forex market anticipates the U.S Federal Reserve’s FOMC Statement later today.
My EUR/USD signal on 14th March was not triggered, as there was no sufficiently bearish price action when the resistance level at $1.0747 was first reached.
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During Tuesday's trading session, the S&P 500 experienced a rally that broke above the 50-Day EMA and the 200-Day EMA indicators.
Silver, like many other assets, is heavily influenced by macroeconomic factors, especially those related to the US dollar, interest rates, and economic growth.
The EUR/USD experienced a modest rally during Tuesday's trading session, reaching the 1.08 level against the US dollar.
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The GBP/USD experienced a slight pullback against the United States dollar on Tuesday, as traders' attention shifted toward the upcoming Federal Reserve meeting on Wednesday.
The GBP/USD price pulled back ahead of the upcoming UK consumer and producer inflation data.