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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Trading early this week in the USD/ZAR has bolstered the notion that the Forex pair’s bearish trend remains dominant.
The USD/PKR may be making speculators who have been inclined to pursue its mid-term bearish trend uncomfortable.
Support at $18,976 looks strong.
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Euro close to testing long-term high price.
The West Texas Intermediate Crude Oil market rallied again during the trading session on Tuesday.
The US dollar initially tried to rally during the trading session on Wednesday, but then fell hard as we try to crash through the support level that has been so important for the last several weeks.
The Australian dollar pulled back during the trading session on Tuesday, only to find support again at the 0.75 level.
The NASDAQ 100 rallied again during the trading session on Tuesday as we broke above the 12,600 level in late trading.
The S&P 500 rallied significantly during the trading session on Tuesday as we await the Federal Reserve announcement on Wednesday.
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The silver market rallied significantly during the trading session on Tuesday, ahead of the Federal Reserve's announcement on Wednesday.
Gold markets rallied during the trading session on Tuesday after stabilizing over the last several sessions.
Bitcoin rallied again during the trading session on Tuesday as buyers continue to flood the market.
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The euro initially fell during the trading session on Tuesday but turned around to show signs of strength again as we approach the 1.2150 level.
Ethereum remains within important higher value levels as it challenges resistance.