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 US dollar has rallied a bit against the Chinese Yuan during the trading session on Tuesday, getting very close to the 200 day EMA before turning around and falling.
The Euro initially pulled back just a bit during the trading session on Tuesday, only to turn around and show signs of life.
I’m a buyer of this pair if we can reach the 377.50 HUF level. I would have a stop loss at the 373 level, and would be aiming for the 382 HUF level.
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In my daily analysis of the USD/CHF pair, I see more strength again, as this market continues to try to break out to the upside.
The Australian Stock Exchange 200 moved back and forth during Tuesday's session, lingering around the same region as in recent days.
During my daily analysis of the EUR/USD pair, I can see that the 1.08 level continues to be important.
The Australian Dollar has continued to decline against the US Dollar despite an amount of risk appetite remaining in global markets. This is mostly due to US Dollar strength but suggests some residual weakness in the Aussie.
Bitcoin price continued surging, retesting its all-time high as the recent momentum continued.
The EUR/USD exchange rate’s sell-off stalled after the US published mixed consumer confidence and JOLTS job vacancy numbers.
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The GBP/USD pair wavered as traders shifted their focus to the upcoming UK budget by Rachel Reeves and the important economic data from the United States.
During my daily analysis of the GBP/USD pair, I’m watching the 1.30 level with a lot of interest, as this is an area that has been important multiple times in the past.
In my daily analysis of the gold market, the first thing that I notice is that we have in fact broke above the resistance barrier in the last several days.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/BRL has seen a sustained move sideways the past handful of days as financial institutions are clearly waiting on coming U.S economic data, and the results of the U.S election next week.
The USD/SGD has climbed back to values seen in the middle of August as financial institutions brace for a slew of U.S economic data near-term and next week’s U.S Presidential election.
The Japanese yen traded around 153.30 yen against the US dollar on Tuesday, hovering near its three-month low and remaining under pressure from political uncertainty after Japan's ruling coalition lost its parliamentary majority in weekend elections.