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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Gold jumped in late trading on Wednesday and its sudden rocket climb will get the attention of speculators who may have bullish sentiment.
The price has room to rise much higher.
The euro rallied significantly on Wednesday to wipe out the losses from a couple of previous sessions.
The West Texas Intermediate Crude Oil market rallied a bit on Wednesday after initially pulling back.
The US dollar fell again on Wednesday as the CPI numbers came out in line with expectations.
The FTSE 100 initially pulled back on Wednesday, only to turn around and show signs of strength.
The DAX rallied on Wednesday to show signs of life again.
Bitcoin markets followed a sideways pattern over the last couple of days after forming a very parabolic move.
Gold markets rallied significantly on Wednesday as we have broken through several resistance barriers in one fell swoop.
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Today’s pivotal point is likely to be 1.1609.
The NASDAQ 100 rallied significantly on Wednesday to reach towards the 14,750 level, which is a bullish sign.
The S&P 500 initially fell on Wednesday but then turned around to show signs of life again.
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Sign up to get the latest market updates and free signals directly to your inbox.The British pound rallied a bit on Wednesday, but has not made any real headwind one way or the other.
The BTC/USD pair resumed its bullish trend in the evening session even after JP Morgan’s Jamie Dimon criticized Bitcoin.
The GBP/USD pair rebounded as the market reacted to the strong UK GDP and American consumer inflation numbers that were published on Wednesday.