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 GBP/JPY has been relatively quiet during the trading session on Tuesday, as we continue to see the market try to go to the upside, but it has run out of momentum.
During the trading session on Tuesday, we have seen a little bit of a bump higher in the WTI Crude Oil market, after forming a nice hammer during the trading session on Monday.
Tuesday was a rather quiet trading session in general, and the EUR/USD was no different than most other financial instruments.
The DAX has been relatively quiet during the trading session on Tuesday, as we continue to hang right around the €14,500 level.
The GBP/USD rallied just a bit during the trading session on Tuesday as we continued to meander just below the $1.20 level.
The BTC/USD has bounced just a bit during the trading session on Tuesday, gaining about 2.5% by midday.
Bitcoin has continued to recover following the recent fall to new lows.
Spot natural gas prices (CFDS ON NATURAL GAS) slightly decreased in early trading on Tuesday, to record daily losses until the moment of writing this report.
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record slight losses in its last session.
Bonuses & Promotions
The TRY/USD continued to trade in a limited range during early Tuesday trading.
For three consecutive trading sessions, the price of the EUR/USD currency pair has moved in a downward correction range, reaching the support level of 1.0222.
The British pound could continue to advance against the US dollar as long as investors remain in an upbeat mood as the bear market recovery expands
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Sign up to get the latest market updates and free signals directly to your inbox.Since the start of trading this week, the price of the USD/JPY currency pair is in an upward retracement mode, breaching the psychological resistance 140.00
For four consecutive trading sessions, the XAU/USD gold price moved amid selling operations.
The USD/MXN has climbed in recent trading, mirroring the broad Forex market as investment houses consider their next moves and speculators worry about clarity.