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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As the most important trading session of the week begins, the USD/JPY currency pair has settled around the 157.33 resistance level at the time of writing
GBP/USD has been under some renewed selling pressure after fresh data showed that the UK labor market may be cooling, giving investors some relief that the Bank
EUR/USD failed to hold early gains yesterday and continued its losses to the 1.073 support level, its lowest in over a month, as political uncertainty in France
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The USD/IDR is trading within a value terrain that is now challenging record highs which were seen during the worst of coronavirus in March of 2020.
The Ibex 35 in Spain felt rather hard during the trading session on Tuesday, as we plunged toward the crucial €11,150 level.
The US dollar has rallied slightly against the Chilean Peso over the last couple of days, and on Tuesday finds itself challenging the 50-Day EMA.
The euro has plunged as of late, especially as the ECB is cut rates, and of course we have had snap elections called in France.
The US dollar has climbed again during the trading session on Tuesday against the Indian rupee, as we continue to threaten a major resistance barrier.
The US dollar has shot straight up in the air again against the Mexican peso on Tuesday, as the world waits for the FOMC meeting.
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The EUR/USD exchange continued its deep sell-off after last Friday’s strong jobs report and as traders waited for the upcoming Federal Reserve decision.
The GBP/USD pair stalled after the strong wage numbers pointed to a potential hawkish Bank of England (BoE).
The AUD/USD pair crawled back slightly as the US dollar index (DXY) retreated slightly ahead of the Federal Reserve decision and the US inflation numbers.
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Stay updated on gold's support levels and potential entry points as the market navigates ahead of the FOMC meeting. Gain insights into market sentiment surrounding gold's resilience amid recent turbulence and its attractiveness to buyers amidst geopolitical tensions and central bank actions. Explore key support levels, including the crucial $2,280 level, and potential market reactions following the FOMC meeting. Despite near-term volatility, consider opportunities for value buying while remaining cautious of potential surprises in reaction to market events.
Stay updated on silver's recent plunge and potential support regions as traders anticipate the impact of the upcoming FOMC meeting. Gain insights into market sentiment surrounding silver's dual role as an industrial and precious metal, and its unique volatility compared to gold.
Stay informed about the USD/JPY pair's upward momentum as the US dollar continues to exert pressure against the Japanese yen ahead of the FOMC meeting. Gain insights into market sentiment surrounding interest rate expectations and the impact on the yen's value.