The BTC/USD pair held quite well on Wednesday as the recent Bitcoin rally gained steam.
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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The AUD/USD pair was little changed on Wednesday as concerns about inflation continued and slow growth continued ahead of the Fed decision.
$1.2370 area looks pivotal close to 3-month low prices.
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The natural gas market experienced a relatively quiet trading session on Monday, with prices hovering near the 50-day Exponential Moving Average.
The US dollar displayed limited activity during the trading session against the Japanese yen, a reflection of the banking holiday in Japan.
The GBP/JPY recently saw a modest rally during Monday's trading session, followed by a partial retracement of its gains.
Crude oil markets showed a somewhat subdued performance on Monday, which seems reasonable given their recent impressive ascent.
With the start of trading this week, the price of the euro currency pair against the US dollar EUR/USD tried to stop the pace of its losses
The AUD/USD showed signs of an attempted rally during Monday's trading session, but once again, it faced resistance and displayed weakness.
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Sterling fell below a key level on the charts suggesting the trend has reversed in favor of further weakness against the US dollar at the start of a busy week dominated by the US Federal Reserve
For the third week in a row, the price of the USD/JPY currency pair stabilizes around its highest level in ten months
At the beginning of this week's trading, gold futures rose, with attention focused on the Federal Open Market Committee (FOMC) meeting for the month of September.
The past week and a half of trading in the USD/CAD has seen a sustained decline, this as the U.S. Federal Reserve prepares to make its pronouncements tomorrow.
Fast changes of direction and market velocity are creating dangerous trading for unprepared speculators in the USD/SGD as it waits for tomorrow’s Fed results.
The gold market exhibited a modest uptick as the trading week commenced on Monday.