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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Yesterday, natural gas prices took some breaths after a series of big drops, with Nymex gas futures for March finally settling just 1.6 cents higher at $4,248.
The US dollar did rally just a bit against the Singapore dollar, but as you can see, we are sitting on top of major support.
The Dow Jones Industrial Average rose in its recent trading at the intraday levels, to achieve gains for the second session in a row, by 1.06%
ADA/USD reached a solid short-term high early yesterday, but then saw a reversal lower demonstrated which sets the table for an intriguing day ahead.
After producing another day of solid upwards momentum on Tuesday, ETH/USD ran into resistance and reversed slightly lower in the past half day of trading.
There is a lack of direction in this currency pair.
The euro fell a bit on Tuesday to test the 1.14 level before turning around and showing signs of life.
The West Texas Intermediate Crude Oil market sold off quite drastically on Tuesday as we plunged towards the $88.50 level.
Gold markets initially fell a bit on Tuesday but then turned around to show signs of strength again.
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The Australian dollar initially pulled back on Thursday but then turned around to show signs of life again.
Ripple rallied rather significantly on Tuesday to slice through the 200-day EMA quite easily.
The Bitcoin market initially rallied on Tuesday to test the 200 day EMA but has turned around quite drastically to form a less-than-impressive candlestick.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 went nowhere over the last four days, but it certainly has wrecked a lot of short-term traders.
The NASDAQ 100 was essentially a back-and-forth market over the last three days, and Tuesday was never going to be any different.
The US dollar rallied just a bit on Tuesday to break above the 15.50 rand level, only to see sellers come back into the market and push it back down.