On Tuesday, the USD/JPY demonstrated remarkable strength, swiftly breaching the ¥145 level.
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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During the recent trading session, the S&P 500 exhibited signs of renewed strength, underscoring the ongoing upward pressure in the market.
The Natural Gas market experienced a modest decline during the latest trading session, with the $2.50 level acting as a formidable barrier to further upward movement.
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In the realm of energy commodities, the Crude Oil markets witnessed a rollercoaster ride during the recent trading session.
The AUD/USD showcased its resilience during the most recent trading session, surging once again and breaking the previous couple of candlestick highs.
My previous GBP/USD signal on 6th December was not triggered as the bearish price action took place slightly above the resistance level which I had identified at $1.2635.
Silver experienced a modest rally during Tuesday's trading session, reaching the pivotal $24 level.
The gold market underwent a minor retracement during Tuesday's trading session but exhibited its characteristic resilience.
The EUR/USD exhibited a degree of upward momentum during the trading session on Tuesday, indicating a potential intention to challenge the psychologically significant 1.10 level situated above.
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Ethereum showed signs of an upward trend early in the trading session on Tuesday.
Bitcoin, a well-known digital currency, experienced a slight upturn in its value during Monday's trading session.
The AUD/USD price continued its spectacular comeback after the relatively hawkish Reserve Bank of Australia (RBA) minutes.
The BTC/USD price continued to consolidate as traders waited for the next catalyst and as others started taking profits.
The EUR/USD price rose for two straight days even after more positive economic data from Europe.
The USD/TRY stabilized during the early trading of the weekly trading, as it traded near its highest levels ever.