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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In the early hours of Wednesday, the euro did very little as we continue to search for some kind of momentum.
The GBP/USD pair continued recovering after the UK published mixed economic numbers.
The EUR/USD exchange rate continued rising on Wednesday.
Although there is still a lot of erratic activity surrounding Bitcoin, it appears that buyers are prepared to enter the market whenever there is even a slight issue.
The BTC/USD pair rally gained momentum.
The Australian dollar hasn't done much over the past couple of days.
As we approach the all-time high in the overnight hours on Wednesday, the S&P 500 has once again demonstrated its bullishness.
The NASDAQ 100 is still looking bullish going into the early hours of Wednesday.
Early on Wednesday morning, gold markets saw a small increase in trading activity as traders from all over the world continued to show a great deal of interest in the market.
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Yet bulls likely face strong resistance at $0.6633.
For the second day in a row, the USD/JPY currency pair is recovering from its recent strong losses, which reached the support level of 146.48.
Weaker-than-expected UK wage and employment data boosted the chances of a June rate cut by the Bank of England and led to broad-based weakness in the pound.
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Sign up to get the latest market updates and free signals directly to your inbox.After a period of cautious stability, the price of the EUR/USD pair returned to the support level of 1.0902.
At the start of trading this important week for the US dollar, gold futures posted modest gains even after rising US Treasury yields and a rising US dollar.
As we attempt to determine the next course of action, the euro continues to see a lot of noise.