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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Ethereum had a rough session on Thursday, as the US dollar spiked after a massive amount of volatility entered the market due to the CPI number being released at 0.4% month over month, instead of the anticipated 0.2%.
The GBP/USD has rallied significantly during the trading session on Thursday, but it’s also worth noting that we have been all over the place.
The BTC/USD plunged during the trading session on Thursday to reach down toward the $18,000 level.
July exceeded expectations. The proceeds of foreign investment flows into the country rose to record 573 million dollars, in conjunction with the increase in foreign exchange reserves by 10.8 billion dollars.
The Dow Jones Industrial Average returned to decline in its recent trading at the intraday levels, to record losses in its last session.
Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels, to achieve daily gains until the moment of writing this report.
The USD/JPY took off during the trading session on Wednesday as Kuroda reiterated the Bank of Japan’s desire to keep interest rates down.
The AUD/USD has had a relatively quiet trading session on Wednesday, as we are hanging about the 0.6550 level.
The EUR/USD has fallen again during the trading session on Wednesday, after forming an inverted hammer on Tuesday.
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Since the minutes of the last meeting of the US Federal Reserve did not bring anything new to the financial markets, as the bank is still determined to continue raising US interest rates
Since the middle of this week's trading, the British pound is close to recognizing the losses it incurred last night after Andrew Bailey, Governor of the Bank of England,
The Japanese yen fell to a two-decade low after Bank of Japan Governor Haruhiko Kuroda pledged to maintain monetary policy in order to support an economic recovery
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The DAX initially rallied during the trading session on Wednesday but gave back some of the gains.
The BTC/USD has done very little during the trading session on Wednesday as we continue to wait around for some type of signal.