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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India’s economy is under significant stress related to the global Covid-19 pandemic.
New Zealand appears to have the Covid-19 pandemic contained, with isolated cases over the past few weeks.
The South African Rand continues to exhibit a tight consolidated range.
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GBP/USD: Pivotal point at 1.2400
DAX Index: Patience, A Good Virtue For Equity Index Buyers
USD/BRL: Brazilian Real Has Appeared Vulnerable Recently
The Pakistani Rupee is trading near important short term resistance against the US Dollar and speculators may suspect it is time to search for a reversal.
USD/INR: Indian Rupee Continues To Wage Resistance Battle
EUR/USD: Bearish consolidation pattern
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The silver market shot straight up in the air after the initial struggle early in the trading day.
The US dollar has rallied initially against the Brazilian Real during the trading session on Tuesday, as we continue to test the 5.50 Real level.
WTI Crude Oil: Speculators Breathing Easier In Energy Sector
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Gold markets initially pulled back a bit during the trading session on Tuesday but then turned around to show signs of strength again.
EUR/USD: US Dollar’s Weaker Value Likely Will Continue In July