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 USD/CAD has continued to prove that support levels are vulnerable in early trading today, as the Forex pair has punctured lower values and is suddenly challenging mid-July prices.
The AUD remains a relatively weak currency.
The bulls have finally overcome the 1.1850 barrier.
After coming within sight of the 1.36200 briefly yesterday, the USD/SGD ignited a swift and violent selling storm as support levels were brushed aside easily.
The USD/ZAR has traded lower the past twelve hours after hitting a short-term high of 14.88000 yesterday, and the Forex pair is now challenging intriguing support levels.
After making highs near 1.400000 earlier this week, ADA/USD is now battling important resistance as traders consider their next moves.
The S&P 500 initially gapped lower to kick off the trading session on Wednesday but then turned around to fill the gap.
The NASDAQ 100 gapped lower to kick off the trading session on Wednesday as traders continue to have a healthy respect for the uptrend line that had been tested during the previous session.
The West Texas Intermediate Crude Oil market rallied a bit during the trading session on Wednesday as we continue to hear a lot of noise in general.
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The FTSE 100 pulled back again during the trading session on Wednesday, only to turn around and show signs of life.
The DAX Index fell initially during the trading session on Wednesday but found enough support near the 50-day EMA to show signs of support again.
The gold markets went back and forth during the trading session on Wednesday as we awaited the Federal Reserve announcement.
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Sign up to get the latest market updates and free signals directly to your inbox.The fact that the market has shown itself to form a bit of a hammer suggests that we may get a little bounce.
The US dollar initially pulled back a bit during the trading session on Wednesday only to turn around and show signs of life again.
The euro initially pulled back during the trading session on Wednesday, but as Jerome Powell got done with his press conference, it became obvious that the US dollar was going to get hit.