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 Australian dollar plummeted to the lowest level in over a month as metal prices retreated and as traders embraced a risk-off sentiment.
The EUR/USD exchange rate continued its sell-off ahead of the upcoming European inflation and US retail sales data. It plunged to a low of 1.0870, the lowest swing since December 13th.
The GBP/USD pair made a bearish breakout as traders reacted to the hawkish Fed statements and the rising bond yields.
Bitcoin has reached the lower boundary of its established range and is currently showing signs of a recovery.
The Australian dollar experienced a substantial decline in value during the trading session on Tuesday, ultimately reaching a crucial indicator known as the 200-day Exponential Moving Average (EMA).
My previous BTC/USD signal on 11th January produced an excellent, nicely profitable long trade from the bullish bounce which rejected the key support level identified at $45,686.
During Tuesday's trading session, the Euro experienced a significant drop, with the 50-day Exponential Moving Average now in focus.
The S&P 500 experienced a slight retreat early in Tuesday's trading session, as traders returned from the Martin Luther King Jr. holiday in the United States.
The US dollar experienced a significant rally against the Japanese yen in Tuesday's trading session, following the return of traders from the Martin Luther King Jr. holiday.
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The US dollar has rallied rather significantly during the trading session on Tuesday, as it looks like we are trying to reach the 50-Day EMA.
The silver market witnessed a decline in its performance during the Tuesday session, as traders returned from the holiday period with renewed activity.
The natural gas markets experienced a significant decline during Tuesday's trading session, signaling a potential end to the consolidation range that has characterized most of this year.
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Sign up to get the latest market updates and free signals directly to your inbox.The gold market experienced a decline in its performance during the recent trading session, a consequence of the return of full liquidity to the marketplace.
The crude oil markets exhibited a slight uptick in trading activity during Tuesday's session, signaling a phase of consolidation and potential accumulation.
In early morning trading the USD/SGD has jumped upwards and values are suddenly trading near mid-December prices as speculators wonder what has happened to the bearish trend.