The EUR/USD exchange rate crawled back as last week’s dollar sell-off took a breather during the American session.
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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My previous GBP/USD signal on 2nd October was not triggered, as there was no bullish price action when either of the identified support levels were first reached.
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The AUD/USD exchange rate continued its comeback on Tuesday as the US dollar index (DXY) retreated after the Reserve Bank of Australia (RBA) published its minutes.
The trading session on Monday began with a lower gap in the US dollar, followed by a subsequent partial recovery.
In Monday's trading session, the crude oil markets initially experienced a slight pullback, but they swiftly rebounded, signaling renewed momentum.
In Monday's trading session, the GBP/USD displayed signs of a slight rally, indicating a market in search of direction.
In Monday's trading session, the GBP/JPY exhibited signs of a rally, continuing the trend of noisy behavior in this market, but the overall uptrend remains.
During Monday's trading session, the AUD/USD made an initial attempt to rally, but it appears that overhead pressure is persisting in this market.
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The price of the US dollar rose against the Turkish lira during early trading this week.
The USD/MXN has experienced a tumultuous month of trading, and last week’s results continued to produce rather fast price velocity for speculators pursuing the currency pair.
By the end of last week's trading, gold prices rose to their highest levels in three weeks, affected by the escalating situation between Hamas and Israel.
The USD/ZAR is lingering slightly below the 19.00000 level in early trading this morning, having essentially tested a narrow range since Thursday.
The GBP/USD recent trading session saw an attempt to rally, but it quickly reversed course due to the ongoing market turbulence.
The US dollar resumed its gains against other major currencies as investors flocked to buy it as a safe haven.