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.
Most Recent
Traders of the USD/PKR need to understand the costs of speculating on a brokers platform is going to have a lot of effect on the potential of the wager being profitable or not.
The AUD/USD exchange rate moved sideways even after odds of a Reserve Bank of Australia (RBA) rate hike rose.
The GBP/USD exchange rate continued retreating amid signs of divergence between the Federal Reserve and the Bank of England (BoE).
Top Forex Brokers
The EUR/USD pair wavered on Thursday morning as traders waited for the upcoming US GDP and inflation data.
The Parisian CAC initially tried to rally a bit during the early hours on Wednesday, but as we crossed the 200-Day EMA, we started to see selling pressure again.
The S&P 500 rallied to kick off the trading session on Wednesday but has since turned back around.
The British pound has gotten hammer during the early hours on Wednesday as we continue to see a lot of chaos in the currency markets.
The euro initially fell again during the early hours on Wednesday but has since recovered against the British pound to continue the overall noisy consolidation that we have been in for some time.
The US dollar rallied rather significantly during the trading session on Wednesday.
Bonuses & Promotions
The DAX was all over the place during the trading session on Wednesday as stock markets and risk assets all seem to be lost at the moment.
Bitcoin has been all over the place during the trading session on Wednesday, as we are trying to determine whether or not the market did successfully support the $60,000 level.
The British Pound has been very volatile against the Swiss Franc as of late, but it looks like Wednesday is going to be a little bit of a breather just waiting to happen.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The Japanese yen has settled back to around 159.93 against the US dollar after threatening to breach a key psychological level of 160.
Weak sentiment has kept GBP/USD from gaining ground since the start of this week's trading, with its gains not exceeding the 1.2702 resistance level.
EUR/USD’s attempts to rebound higher at the start of this week’s trading failed, with gains not exceeding 1.0746, as it quickly returned to its strongest downward path.