The AUD/USD exchange rate pulled back on Wednesday after the strong US GDP data.
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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Consolidating Above Support Below Long-Term High.
Explore the dynamics of the USD/JPY as the yen strengthens amidst Japan's potential shift from negative interest rates, affecting major currencies and market expectations.
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Gold prices surpass $2052/oz in a 5-day rise, fueled by US dollar decline and Fed rate hike speculations. Watch for future economic indicators.
Discover the GBP/USD's surge to a 3-month peak at 1.2732, driven by BOE's rate cut stance and a softer US dollar. Stay updated on this bullish trend's next moves!
Explore the EUR/USD pair's bullish momentum as it breaks the 1.1000 barrier, with potential for further gains amid US economic data and central bank moves.
The US dollar pair against the Turkish lira stabilized near its divorce highs, which it recorded during this week’s trading.
The USD/BRL traded near its lows for the week in yesterday’s trading as full market volume returned to Forex via the return of U.S financial institutions.
The USD/SGD has produced new short and mid-term lows as the currency pair demonstrates bearish sentiment sustaining momentum.
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Room to fall to $0.6600.
The Crude oil markets exhibited limited activity during Tuesday's trading session, characterized by a palpable sense of anticipation as we await OPEC's forthcoming decision on its future supply strategy.
The DAX found itself very choppy on Tuesday, as the market is starting to approach an overbought condition.
The Ethereum market opened Tuesday's trading session with a pullback, appearing to stumble momentarily before regaining its footing.
The AUD/USD has witnessed a notable surge in the course of the trading session, propelling us beyond the pivotal 0.66 level.
The USD/JPY initiated Tuesday's trading session in the Asian market on a positive note against the Japanese yen.