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.
Most Recent
The AUD/USD pair moved sideways on Wednesday as investors reflected on the testimony by Federal Reserve’s Jerome Powell.
The BTC/USD pair held steady in the overnight session even after hawkish statements by the Federal Reserve chair.
The EUR/USD rose to an important resistance as Jerome Powell testified in the Senate.
For four trading sessions in a row, the price of the USD/JPY currency pair is moving amid profit-taking sales towards the 115.05 support level.
Gold futures tried to rise again towards the psychological resistance of 1800 US dollars.
Coinciding with the beginning of the new year’s trading 2022, the exchange rate of the pound against the dollar (GBP/USD) reached its highest level in two months.
The EUR/USD price gave itself a resilient account for the new year's opening.
AVAX/USD is trading near 86.5000 with fast changes in value as nervous trading is affecting the cryptocurrency.
ADA/USD is still being hammered within a bearish slump and its current price range is displaying values last sincerely tested in July of 2021.
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The British pound has initially fallen on Monday to reach down towards the 1.3535 level, only to turn around and show signs of life again.
The US dollar initially fell during the trading session on Monday but found the 200 day EMA to be supportive yet again.
The West Texas Intermediate Crude Oil market has pulled back slightly on Monday, as we continue to see a lot of hesitation just above at the $80 level.
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The NASDAQ 100 has fallen significantly on Monday to reach down towards the 15,150 area.
Silver markets have gone back and forth during the trading session on Monday to show signs of hesitancy to move in either direction.