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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During yesterday's limited trading, XAU/USD gold prices rose slightly, reaching the resistance level of $1787 an ounce.
The exchange rate of the TRY/USD has maintained its stability without change.
The GBP/USD sell-off faded on Wednesday as concerns about a global recession continued.
The EUR/USD price moved sideways after the second estimate of European GDP data.
Bitcoin prices continued consolidating as the prolonged cryptocurrency winter continued.
The AUD/USD price remained under intense pressure amid the rising concerns about the Australian and Chinese economies.
The USD/ARS official exchange as of this writing is slightly below the 170.000 ratios, and there are many reasons to believe technically resistance will continue to prove extremely vulnerable.
The USD/INR has climbed with a rather steady incremental pace as resistance has proven vulnerable after flirting with lower depths early in December.
The West Texas Intermediate Crude Oil market has fallen hard again during the trading section on Wednesday, as we have made a fresh, new low.
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The USD/JPY initially tried to rally during the trading session on Wednesday but pulled back a bit as we approached the ¥138 level.
The USD/CAD has gone back and forth during the trading session on Wednesday as the market may be running into a little bit of exhaustion.
The NZD/JPY dollar initially rallied during the trading session on Wednesday, showing bullish pressure again against the Japanese yen.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 rallied a bit during the trading session on Wednesday but gave a gain to show signs of exhaustion.
The GBP/USD pair has bounced from the 200-Day EMA again on Wednesday, as we continue to consolidate ahead of a crucial Federal Reserve meeting next week.
The EUR/USD rallied a bit during the trading session on Wednesday, but as you can see, we continue to bounce around the same area.