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 gold market has fallen again during the trading session on Wednesday, as we continue to see a lot of pressure in this market.
USD/CAD speculators should brace for crucial U.S inflation data coming today, which is certain to cause volatility and jolt the currency pair from its short-term middle ground.
A stronger US Dollar and a more dovish Bank of England have sent the price falling to test the big round number at $1.2000.
The USD/SGD is trading near the 1.33400 mark as of this writing, after touching an approximate high of 1.33800 yesterday.
The West Texas Intermediate Crude Oil market has initially fallen during the trading session on Wednesday but turned around to show signs of life again.
The S&P 500 has rallied slightly during the trading session on Wednesday, as we continue to see volatility more than anything else.
The NASDAQ 100 initially pulled back during the trading session on Wednesday, but then turned around to show signs of life again.
Ethereum has taken off during the trading session on Wednesday, as we continue to see a lot of noisy behavior.
BTC/USD took off during the trading session on Wednesday, gaining just a bit under 7%.
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The AUD/JPY has initially fallen against the Japanese yen but recovered quite nicely during the trading session on Wednesday, after initially dropping close to the 200-Day EMA.
The EUR/USD exchange rate crashed to the lowest point since February 13 as investors assessed their bets on the next Federal Reserve actions.
Bitcoin has diverged with American stocks amid growing moving parts in the crypto industry.
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The TRY/USD declined during early trading this morning, as the Turkish currency recorded its lowest level against the dollar ever, approaching the barrier of 19 lira per dollar.
The EUR/USD exchange rate witnessed a volatile response to the official figures that revealed rapid increases in American prices for some goods and services.