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 USD/CAD is near the 1.35900 level this morning, as it has stayed within sight of important one month support ratios.
The British pound has rallied during the trading session on Wednesday as we continue to see the US dollar give up some of its gains.
The German index has rallied again during the trading session on Wednesday, gaining over 1% as the “risk on” trade continues to be invoked
The West Texas Intermediate Crude Oil market had a very strong showing on Wednesday, breaking above the 50-Day EMA and the $88 level.
The US dollar is falling again against the Japanese yen on Wednesday, as we continue to see a bit of a pullback in this extraordinarily bullish market.
The Australian dollar has pulled back from the crucial 0.65 level, an area that I think will continue to be very important.
The S&P 500 E-mini contract rallied all the way to the 3900 region during the early hours on Wednesday but has given back quite a bit of the gain.
The NASDAQ 100 has rally a bit during the trading session on Wednesday but ran into trouble as soon as they got to the 50-Day EMA.
The GBP/USD price rallied to the highest level since September 13 as the US dollar sell-off continued.
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The EUR/USD price continued its recovery process as the market waited for the upcoming interest rate decision by the European Central Bank (ECB).
The BTC/USD price continued surging during the Asian session as volume rose and market volatility eased.
The AUD/USD price has risen sharply in the past few days.
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Sign up to get the latest market updates and free signals directly to your inbox.The Japanese yen quickly gave up the gains of the recent market intervention by Japan.
The GBP/USD got off to a strong start this week, but its recovery faltered after former chancellor Rishi Sunak was confirmed as the next prime minister-in-waiting after the Conservative Party leadership election.
Since the start of this week's trading, the EUR/USD currency pair continues to bounce higher amid a temporary halt to the US dollar's record gains.