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.
Most Recent
The AUD/USD price continued dropping as investors focused on the latest Australian jobs data.
The GBP/USD has fallen during the trading session on Tuesday as we continue to see overall selling pressure.
The euro has fallen against the greenback yet again during the trading session on Wednesday, as the common currency continues to act as a punching bag.
The US dollar has rallied a bit during the trading session again on Wednesday as we continue to see the Japanese yen get crushed.
Although the day was not necessarily overly negative, it is worth noting that the NASDAQ 100 formed an inverted candlestick rain and a previous support level.
The S&P 500 e-mini contract continues to destroy accounts, as it is just simply chopping around wildly at the latest rumor.
The Dow Jones Industrial Average consolidated its gains with its recent trading at intraday levels, to achieve gains for the second day in a row by 1.12%.
Spot natural gas prices (CFDS ON NATURAL GAS) settled lower in early trading on Wednesday, to achieve slight gains until the moment of writing this report.
Since the start of trading today, the price of gold (XAU/USD) has not changed much and is settling around the level of $ 1647 an ounce at the time of writing the analysis.
Bonuses & Promotions
USD/JPY took another step towards the closely watched 150 historical psychological resistance level, keeping investors on high alert for potential intervention to support the Japanese currency.
The strong movement of the British pound came to a trembling halt in recent trading sessions, after some new uncertainty in the UK bond markets.
After the continuation of risk appetite and a temporary halt to the sharp gains of the US dollar the price of the currency pair EUR/USD is still reacting positively.
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Sign up to get the latest market updates and free signals directly to your inbox.Although the NZD/USD has managed to gain in past handful of trading days, it remains within the lower spectrum of its long term technical values.
The USD/CAD is trading near the 137575 mark as of this writing.
The GBP/USD price continued consolidating as the market waited for the upcoming UK consumer inflation data.