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 weakness of the strength factors and the continued gains of the US dollar contributed to the selling of gold.
Trading in the NZD/USD pair has been choppy, but has found the lower values of its known range a testing ground the past few days.
The USD/BRL has remained within the upper levels of its price range for a handful of days.
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The US dollar has rallied significantly during the trading session on Tuesday against the Norwegian krone, breaking above the 10.6 level.
The US dollar initially pulled back slightly against the Swiss franc during early trading on Tuesday.
During the early hours on Tuesday, we have rallied a bit to show signs of life in the US dollar as we are testing the 18.25 South African Rand level.
The US dollar has rallied a bit during the trading session against the Mexican peso.
he ASX200 rallied initially during the trading session on Tuesday but gave back some of the gains.
The US dollar initially fell hard against the Canadian dollar during trading on Tuesday, but the 1.36 level continues to be an area of significant support.
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The New Zealand dollar has pulled back slightly during the trading session on Tuesday.
Australian CPI Increased from 3.6% to 4.0%.
Silver has fallen initially during the early hours on Tuesday.
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The British pound initially pulled back just a bit during the trading session on Tuesday but has seen enough support underneath to continue to drive and higher.
Bitcoin rose during the trading session on Tuesday.
The GBP/USD exchange rate rose slightly.