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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My previous GBP/USD signal on 18th October was not triggered, as there was no bullish price action when the two support levels which I had identified that day were first reached.
The USD/JPY has drifted a bit lower during the trading session yet again on Tuesday, as we continue to hang around just below the ¥140 level.
The DAX initially tried to rally during the trading session, but by the time the DAX got to €14,400, we started to see a bit of a pullback.
The EUR/USD has rallied significantly during the trading session on Tuesday as the PPI numbers in America came out at “only” 8.0% year-over-year.
The GBP/USD initially shot higher during trading on Tuesday but has pulled back from the crucial 1.20 level as we have seen a lot of volatility during the day.
The BTC/USD continues to act like dead money as it simply sits just below the $18,000 level.
The EUR/USD price retreated slightly in the overnight session as the strong rally took a breather.
The BTC/USD price remained in a tight range during the overnight session as the fallout surrounding FTX’s collapse continued.
The AUD/USD price rally gained steam after another set of positive American inflation data and the meeting between Xi Jinping and Anthony Albanese.
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The EUR/USD exchange rate could extend its near-term recovery during the trading week, analysts say, although many still see the market as a clear technical situation and not necessarily the beginning of a long-term recovery.
For the second day in a row, the price of the USD/JPY currency pair is trying to rebound higher.
The performance of the British pound this week will look to maintain the previous week's rise of 4.0% against the US dollar
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Sign up to get the latest market updates and free signals directly to your inbox.Since the start of this week’s trading, the XAU/USD gold price has been stable around the recent rebound gains, reaching the $1775 resistance level
The price of the TRY/USD stabilized during the early trading today.
Spot natural gas prices (CFDS ON NATURAL GAS) settled on a rise in early trading on Monday, to record slight daily losses until the moment of writing this report.