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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Thursday Sterling...is what today’s trading session is called.
Continuous USD/JPY bearish momentum is pushing it towards the 105.31 support.
The EUR/JPY has experienced a long term bullish trend and its current trajectory doesn’t look as it will face major stumbling blocks.
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The USD/ZAR may be the most interesting forex pair in the world today.
Speculators of the USD/PKR may be the perfect group of people to practice a humorous talk while discussing the trading of this forex pair.
The USD/SGD has broken through support levels with solid bearish momentum again, but experienced traders may suspect a reversal is due.
Bitcoin/USD: Benefiting greatly from decline of USD
USD/JPY: Bearish momentum that might break the 105.00 level
AUD/USD: Temporary pause of the uptrend.
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GBP/USD: Gains awaiting stimulus.
EUR/USD: Where to find the buying opportunity?
Paulo Guedes, the Minister of the Economy of Brazil, reiterated views that the country will face one or two more challenging months due to the Covid-19 pandemic.
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The Euro has rallied a bit during the trading session on Tuesday as we reached towards the 1.19 level yet again.
The Australian dollar has rallied during the trading session on Tuesday, breaking to a fresh high again, but gave back the gains towards the end of the session.