My previous signal last Thursday was not triggered, as there was no bullish price action when the two nearest support levels were reached that day.
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 GBP/USD exchange rate drifted upwards after IMF upgraded the outlook of the global economy.
The EUR/USD exchange rate slipped to the lowest level since July 12 as investors waited for the upcoming Fed and ECB interest rate decisions.
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Bitcoin price has come under intense pressure in the past few days as traders focus on the upcoming FOMC decision and options expiry.
Crude oil markets remain turbulent, and Tuesday's trading session showcased relatively subdued activity as traders pondered the next move.
Tuesday's trading session showcased a cautious and indecisive movement of the British pound, as market participants sought stability amidst ongoing uncertainties
During Tuesday's trading session, the US dollar experienced a slight pullback, demonstrating signs of turbulent market behavior.
In Tuesday's trading session, the British pound experienced a pullback against the Japanese yen, signaling a consolidation phase.
During the Tuesday session, the Australian dollar demonstrated a bullish trend, with the market heading towards the 0.68 level.
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In Tuesday's trading session, the euro experienced an early pullback, igniting discussions about the strength of the US dollar and its potential trajectory.
The NASDAQ 100 is up over 41% this year, and of course this has people excited.
In the Tuesday trading session, natural gas markets experienced a slight uptick, maintaining their position above the 50-Day Exponential Moving Average.
In the Tuesday trading session, silver showcased a rally that effectively erased the losses incurred on Monday.
In the Tuesday trading session, the gold markets showed little movement, hovering around the 50-Day Exponential Moving Average.
The trading of the TRY/USD during early trading this morning, amid the lack of reports affecting the movement of the Turkish lira.