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/INR tested new highs yesterday, but then reversed slightly and has exhibited choppy conditions early this morning.
Gold markets rallied ever so slightly on Wednesday as we continue to see more of an upward push in the market.
The US dollar pulled back a bit against the South African rand on Wednesday to reach down towards the 200-day EMA.
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The US dollar drifted a bit from the highs over the last couple of days to show strength in the Canadian dollar in the short term.
The West Texas Intermediate Crude Oil market rallied a bit on Wednesday to show signs of life again.
The euro fluctuated on Wednesday ahead of the FOMC statement.
The British pound fluctuated on Monday, waiting for the FOMC.
Bitcoin fell towards the $40,000 level on Wednesday but as you can see, has turned around quite significantly.
The NASDAQ 100 rallied a bit on Wednesday to break above the 50-day EMA.
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The S&P 500 rallied a bit on Wednesday as it awaited the FOMC minutes.
The FTSE 100 rallied significantly on Wednesday to break above the 50-day EMA.
The AUD is one of the relatively weak currencies.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD pair wavered in the overnight session after the relatively hawkish Federal Reserve decision.
The BTC/USD rebounded in the overnight session as investors reacted to the Federal Reserve decision.
The price is recovering firmly from the post-FOMC drop over the short term.