The Aussie dollar's performance in Thursday's trading session witnessed a significant plunge before experiencing a bit of a rebound, indicating a market filled with volatility and unpredictability.
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 USD/CHF has broken above the 50-day EMA against the Swiss franc during the training session on Thursday, as it looks like we are threatening the 0.90 level.
The silver market has been a bit turbulent recently, with some ups and downs.
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The recent surge in gold prices has not gone unnoticed.
The euro's recent performance has left investors on edge as it once again approaches the pivotal 1.05 level.
The price of the lira declined against the US dollar during early trading on Thursday morning, as the Turkish currency recorded its new lowest level ever against the US dollar during Asian trading.
The price of gold XAU/USD continued its upward path with gains reaching the resistance level of 1990 dollars.
The price of EUR/USD is exposed to profit-taking selling operations after testing the 1.0695 resistance level at the beginning of this week’s trading.
The increase in global geopolitical tensions has restored the US dollar to its status as safe havens asset.
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The USD/JPY showed slight retracement early on Wednesday, introducing a sense of uncertainty near the critical ¥150 level.
The USD/JPY jumped towards the 150.47 resistance level, its highest level in a year and stable around it at the time of writing the analysis.
The USD/INR has rallied a bit during the trading session on Wednesday, as we continue to see a lot of support near the 83 Rupee level.
The Crude oil markets displayed signs of stabilization during Wednesday's trading session, with ongoing consolidation marking the longer-term outlook.
The GBP/USD embarked on an initial rally during Wednesday's trading session but swiftly surrendered those gains, succumbing to persistent downward pressure.
The AUD/USD experienced a tumultuous trading session on Wednesday, as it attempted to rally but found itself thwarted once again at the 0.64 level.