Investors' continued aversion to risk and the positive results of US economic data supported bulls in continuing to push the USD/JPY currency pair higher.
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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During yesterday's trading, the British pound was softer against the euro and the US dollar after the release of wage data in the United Kingdom.
The gold market is still receiving strong, positive momentum from the increasing geopolitical tensions in the oil-rich Middle East region.
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Silver experienced an intriguing dance during the early hours of Tuesday's trading session, initially stumbling before rallying to display renewed vigor.
The GBP/JPY displayed a cautious retreat during Tuesday's trading session, signaling a moment of hesitation for market participants.
The EUR/USD had an eventful trading session on Tuesday, initially stumbling but then staging a modest recovery.
The USD/JPY displayed initial weakness during Tuesday's trading session, amid a backdrop of market noise and fluctuations.
October 18, 2023, Analysis euro price against the dollar EUR/USD.
Crude oil markets experienced a modest retreat during the early hours of Tuesday, prompting some investors to seek value in the dips.
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The GBP/USD remained under pressure after the UK published soft jobs numbers.
The BTC/USD price moved sideways in the past few days as the recent momentum faded.
The AUD/USD exchange rate held steady after the latest RBA minutes and the strong economic numbers from the United States.
The S&P 500 embarked on a rather introspective journey during the early hours of Tuesday's trading session, as it appeared to grapple with its next move.
During Tuesday's trading session, the GBP/USD experienced a modest pullback, reflecting the ongoing consolidation in the currency market.
The natural gas market has entered a period of relative calm as Tuesday's early trading session unfolds.