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.
Most Recent
The Australian dollar moved sideways as short-term bond yields continued rising and after mixed Aussie economic numbers.
The USD/CAD traded at its low for the week on Monday near the 1.35325 ratio, this before reversing higher on Tuesday before the ‘growth’ numbers.
My EUR/USD signal on 21st February was not triggered, as there was no bullish price action when the support level at $1.0662 was first reached.
The gold markets rallied during Wednesday's trading session, reaching towards the 50-Day EMA.
The TRY/USD stabilized during early trading on Wednesday morning.
The Dow Jones Industrial Average fell during its recent trading on intraday levels, recording losses in its last session by -0.71%.
Spot natural gas prices (CFDS ON NATURAL GAS) stabilized on the rise during its early trading on Wednesday, recording slight daily losses until the moment of writing this report, at a rate of -1.05%.
For two days in a row, the price of the EUR/USD currency pair tried to rebound to the upside after strong selling operations that pushed it towards the support level 1.0536.
The British pound rose against all the other major currencies, after news that the European Union and the United Kingdom had reached a new agreement on the Northern Ireland Protocol
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The bulls’ control over the performance of the price of the USD/JPY currency pair increased during this week’s trading.
For the second consecutive day, XAU/USD gold price is trying to rebound to the upside to avoid further collapse, as its gains did not exceed $1833 an ounce.
The USD/INR is trading in a rapid manner, having moved lower since the publication of U.S Consumer Sentiment numbers which came in negative late yesterday.
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Sign up to get the latest market updates and free signals directly to your inbox.The NZD/USD found buyers suddenly emerge late on Tuesday after U.S negative economic data caused weakness for the USD, and gave bullish traders a sense that upside potential exists for the currency pair.
Brent markets have also rallied during the trading session on Tuesday, as we are looking at the 50-Day EMA as a potential resistance barrier.
On Tuesday, the S&P 500 Index experienced a lot of erratic behavior, with prices fluctuating back and forth throughout the trading session.