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 US dollar has pulled back significantly during the trading session against the Swiss franc, losing 1%.
The US dollar has pulled back a bit against the Canadian dollar during the trading session on Tuesday, as we have broken back below the 1.36 level.
The upwards momentum in the NZD/USD has continued to ignite in early trading today. Certainly reversals lower remain part of the natural trading landscape
Bitcoin has rallied slightly during the trading session on Monday to show signs of life, but still struggles with the idea of rallying.
The absolute insanity in the GBP/USD currency pair continues during the trading session on Tuesday, as we have reached the 1.15 level.
The USD/ZAR as of this morning has continued to display downward capabilities and is trading near the 17.65800 ratio as of this writing.
The GBP/USD price continued its bullish recovery as concerns about the UK economy eased.
The Swiss franc has rallied a bid against the Japanese yen during trading on Tuesday, as we see safety assets compete for capital inflows.
The EUR/USD price continued rising as global risks eased and hopes that the Federal Reserve will start its pivot rose.
Bonuses & Promotions
The AUD/USD price moved sideways on Tuesday and Wednesday morning as the market reflected on the latest interest rate decision by the RBA.
The DAX German index rose significantly during the trading session on Tuesday.
OPEC is getting ready to announce a 2 million barrel per day production cut, which would obviously bring down supply, and therefore should boost pricing.
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The S&P 500 has rallied significantly during the trading session on Tuesday as we continue to see a bit of recovery.
Inflation has risen by 186.27%. Other data showing the country's trade deficit jumping 298% year-on-year in September also contributed to the pressure on the local currency.