The US dollar drifted slightly lower during Tuesday's trading session, but buyers have come in beneath the 50-Day EMA, indicating signs of life.
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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Silver showed initial signs of strength during Tuesday's trading session, but then came back to show more hesitation.
Natural gas markets have rallied during Tuesday's session as the $2.00 level continues to offer support.
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The Euro started out strong during the trading session on Tuesday, reaching the 1.09 level, which is an area of significant resistance.
The West Texas Intermediate Crude Oil market has been indecisive during Tuesday's trading session, as it hesitates just below the 200-Day EMA.
Gold markets experienced a rally during Tuesday's trading session, with the $2000 level offering support.
The British pound has experienced a bit of a rally during the trading session, but there is a lot of noise above the 1.24 level.
The S&P 500 has been experiencing a lot of volatility as investors try to figure out the next move.
The US dollar pulled back a bit during the course of the trading session on Tuesday, as we continue to see a lot of volatility in emerging markets.
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The GBP/USD price was flat during the Asian session after the IMF predicted that the British economy will contract this year.
The EUR/USD price rebounded on Tuesday as traders waited for the upcoming US inflation data and Federal Reserve minutes.
Bitcoin has been in a strong bullish trend in the past few months as investors reflect on the upcoming actions by the Federal Reserve.
The AUD/USD pair remained under pressure after signs emerged that the Chinese economy was not recovering as faster as originally expected.
At the beginning of trading this week, XAU/USD (gold) futures fell as investors continued to book profits after the yellow metal touched record highs.
For four consecutive trading sessions, the price of the USD/JPY currency pair has moved in a rebound path to the upside, with gains that reached the resistance level of 133.88. It settled near that resistance at the time of writing the analysis.