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 US dollar has been all over the place during the trading session on Tuesday against the Canadian dollar, as we continue to test a major support level.
The New Zealand dollar has rallied rather significantly during the course of the trading session on Tuesday.
The Nasdaq 100 initially fell during the trading session on Tuesday but turned around to show signs of strength again.
The British pound initially fell during the trading session on Tuesday, reaching down toward the 1.25 level before turning around again.
The Australian dollar initially fell during the day on Tuesday but has seen a complete turnaround by the time the Americans got on board.
The DAX initially pulled back during the trading session on Tuesday as we continue to see the market look a little stretched.
Bearish momentum seems to have slowed and faded away.
Early during the trading session on Tuesday, we have seen the S&P 500 dip, but since then we have seen it turn right back around and show signs of strength.
The British pound has staged a strong comeback against the greenback after a series of strong UK economic numbers.
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Bitcoin fell a bit in the early hours on Tuesday as we continue to see a lot of noise.
The EUR/USD pair continued its recent comeback as the dollar index (DXY) sell-off gained steam ahead of the US inflation data.
The AUD/USD exchange rate held steady after a hotter-than-expected inflation report from the US and a hawkish statement by Jerome Powell.
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Bitcoin has rallied pretty significantly during the early hours on Monday as we continue to see a lot of support near the $60,000 level.
The AUD initially pulled back just a bit during the early hours on Monday, but later on in the day, we have made a somewhat significant attempt to reach the highs again.