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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SHIB/USD has continued to linger near dangerous lows, and tested value yesterday which will not help speculative bullish fever suddenly emerge.
Bitcoin is seeing unpredictable price movement.
The West Texas Intermediate Crude Oil market initially tried to rally on Wednesday but gave back gains as we continue to hear a lot of noise in the market.
The Nikkei 225 rallied significantly on Thursday to break above the 200-day EMA, and perhaps just as importantly, has broken above the top of the shooting star from the previous session.
The DAX fell initially on Wednesday but found enough buyers underneath to show signs of life again.
The S&P 500 went back and forth on Thursday as we continue to hear a lot of noise in this general vicinity.
The US dollar rallied a bit on Wednesday against most currencies, including the Norwegian krone.
The British pound fell rather significantly from the 1.26 level on Wednesday as we continue to see a lot of negativity.
The euro fell on Wednesday as we continue to see US dollar strength increase.
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Tron had a bullish session on Wednesday, reaching above the nine cents level.
Ethereum fell a bit on Wednesday as we continue to see the decimation of the crypto markets.
Bitcoin fell significantly on Wednesday as we begin the month of June.
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The AUD/USD pair remained in a tight range after the positive Australian economic numbers.
The EUR/USD pair retreated after the Federal Reserve prepares to start its quantitative tightening policy.