The USD/JPY started on a shaky note, displaying signs of weakness.
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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In the recent trading session, the British pound made an initial attempt to rally against the Japanese yen.
Recently, the price of gold XAU/USD experienced selling pressure yesterday, reaching the support level of $1953 per ounce after gains earlier in the week.
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In the recent trading session, the British pound made an attempt to rally against the US dollar, but gains were short-lived as it retraced near the crucial 1.23 level.
After attempts to rebound higher, the EUR/USD currency pair returned to stability on its broader downward path around less than the 1.0600 level.
Crude oil markets experienced an interesting start to the trading session on Tuesday as they gapped higher, only to later encounter significant volatility.
The recent performance of the GBP/USD currency pair confirms our technical view, which recommends selling the GBP/USD from every rising level.
The currency pair US Dollar against the Japanese Yen (USD/JPY) is closest to testing the psychological resistance of 150.00 nearby.
The S&P 500 exhibited early signs of strength in Tuesday's trading session, but it did so amidst ongoing market volatility.
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Silver had an eventful trading session this Tuesday as it attempted to rally initially but encountered significant resistance, leading to a shift in sentiment towards the negative side.
The gold market had an eventful day this Tuesday.
The EUR/USD faced a turbulent trading session on Tuesday, as it attempted to break above the 50-Day Exponential Moving Average.
The AUD/USD had an initial rally on Tuesday but faced continuous struggles to maintain its momentum against the US dollar.
The GBP/USD exchange rate suffered a harsh reversal in the overnight session.
The EUR/USD exchange rate suffered a harsh reversal in the overnight session even as bond yields and crude oil prices retreated.