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 BTC/USD continued its rebound after the Federal Reserve committed to continuing its easy money policy for a while even as the economy rebounds.
The GBP/USD jumped in the overnight session after the Federal Reserve delivered a relatively dovish interest rate decision.
USDT/USD has produced a typically tight price range the past week of trading, but its recent activity suggests there is a potential for a speculative wager.
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Cardano has jumped higher in the past day by over twenty percent in value and, intriguingly, this has occurred when other cryptocurrencies have been relatively quiet.
After touching a low of nearly five-and-a-half cents a couple of days ago, DOGE/USD has proven it can produce a tight range.
The past two days of trading within ETH/USD have seen consolidation emerge and speculators have decisions to make.
The price of gold benefited a lot from the halting of the gains in the US dollar after disappointing US retail sales numbers were announced.
The bulls are still trying to maintain the recent bounce gains in the USD/JPY, which is holding around 109.20 at the time of writing.
The EUR/USD pair has been in a downward correction that pushed it towards the support level of 1.1882 before settling around 1.1906, in an attempt to benefit from disappointing US retail sales numbers.
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The bears have been trying to push the GBP/USD pair to breach the 1.3800 support level and exit the sharp bullish channel that has been affecting its performance for some time.
The West Texas Intermediate Crude Oil market pulled back slightly during the trading session on Tuesday but then found buyers underneath to show signs of strength.
The US dollar initially tried to rally during the trading session on Tuesday but then fell apart as we have seen a continuation of the overall downtrend.
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The FTSE 100 rallied during the trading session on Tuesday to reach towards the 6800 level.
The S&P 500 fluctuated during the course of the trading session on Tuesday as we await the FOMC meeting conclusion on Wednesday.
The NASDAQ 100 rallied a bit during the trading session on Tuesday to reach towards the 13,333 level.