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 DAX initially tried to rally on Wednesday to reach towards the €15,000 level.
The NASDAQ 100 initially tried to rally on Wednesday, but then broke down to show signs of weakness again.
The S&P 500 initially tried to rally on Wednesday but gave back the gains rather quickly.
Bitcoin markets initially tried to rally but gave back quite a bit of the gains as the $40,000 level seems to be somewhat out of reach at the moment.
The GBP/USD price declined sharply in the overnight session as investors rushed to the safe haven of the US dollar.
The EUR/USD pair retreated slightly as investors rushed to the safety of the US dollar amid the rising geopolitical risks.
The AUD/USD pair held steady during the American and Asian sessions as worries on Europe remained and as investors reacted to the latest Australian wage growth data.
AVAX/USD has reversed higher after hitting significant lows yesterday, and speculators now need to focus on technical resistance and market sentiment.
The Turkish lira witnessed mixed movements during early trading on Wednesday, as it fell against the dollar yesterday, before regaining some of its losses today.
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Spot natural gas prices (CFDS ON NATURAL GAS) slightly declined during the recent trading at the intraday levels, to record daily losses until the writing this report, by -0.15%.
SHIB/USD remains within the lower realms of its short-term range, but has managed to provide a slight reversal higher in the past few hours.
The Dow Jones Industrial Average declined in its recent trading at the intraday levels, to record losses for the fourth consecutive session, by -1.42%.
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Solana bounced ever so slightly during the session on Tuesday as the $80 level has offered significant support previously and showed itself to be relevant again.
Today is an important day for the GBP pairs in the Forex market.