The US dollar did fall slightly during the trading session on Wednesday against the Loonie.
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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Gold markets have done very little during the trading session on Wednesday, which is not a huge surprise considering it was Juneteenth in the United States.
At the start of trading today, Wednesday, USD/JPY is hovering bullishly around the 157.92 resistance level.
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For the third day in a row, the price of the pound sterling against the US dollar GBP/USD is trying to rebound higher with gains at the level of 1.2732.
During today's trading, Wednesday, the EUR/USD price is expected to remain moving within a narrow range with a bearish bias, settling around 1.0730 at the time of writing the analysis.
Gold prices are hovering around $2330 an ounce today, Wednesday, after slipping in the previous session.
The US dollar initially fell against the Brazilian real on Tuesday but found enough support to turn things around near the 5.40 level.
The EuroStoxx50 initially pulled back just a bit during the early hours on Tuesday but continues to see inflows in a continuation of the overall bullish pressure.
The US dollar has drifted a little bit lower against the Mexican peso during the trading session on Tuesday, as we continue to consolidate around the 18.50 MXN level.
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The Australian dollar has rallied quite nicely during the trading session against the Singapore dollar, as we have seen it do multiple times over the last month or so.
The US dollar has initially fallen against the Czech koruna during the trading session on Tuesday, only to turn around and show signs of life.
Early trading this morning in the NZD/USD has seen the currency pair sustain a climb from support levels yesterday and produce cautious buying as the U.S Juneteenth holiday affects trading.
The US dollar initially did rally a bit against the Canadian dollar, but it continues to see a lot of resistance near the 1.3750 level.
The Aussie dollar initially pulled back just a bit during the early hours on Tuesday, but then turned around to rally.
The British Pound pulled back just a bit during the early hours on Tuesday, reaching down to the 50-day EMA before turning around.