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 AUD/USD currency pair pulled back as the recent enthusiasm about China’s stimulus faded, and as the US dollar rebounded to $100.95.
Amid the successive news about developments in the oil-rich Middle East region and the possibility of a large-scale war coinciding with the change in the policies of global central banks, the US dollar against the Japanese yen USD/JPY is moving in a range between 141.64 and 143.90 at the beginning of this exciting week's trading
The Pound Sterling is consolidating around $1.3380 at the start of Tuesday's trading session, down from yesterday's peak of 1.3422, hovering near its highest levels since March 2022, as traders assess economic and monetary expectations
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At the beginning of this important week's trading, the euro traded near 1.118 US dollars as investors prepare for a busy week of economic data from the eurozone.
The USD/BRL has sustained the lower price levels it has challenged the past week and a half of trading, this as speculative consideration appears to be trying to correlate a more dovish U.S Federal Reserve.
The USD/SGD has seen some short-term upwards movement develop, but this has happened after the currency pair touched deeper lows on Friday of last week.
I have been paying attention to the supportive area that we are sitting on, and in this particular market looks as if the ¥160 level continues to be a major region of importance.
The MIB 40 has pulled back rather significantly.
The USD/THB pair is so oversold that it is likely that we will sooner or later see some type of bounce.
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The reality is that the market continues to see a lot of volatility, but more than anything else, we are seeing a lot of support overall.
The Euro initially rallied during the trading session on Monday, but it looks like it's going to continue to see a lot of issues around the 1.12 level, an area that's been important for some time.
The crude oil market is doing everything it can to possibly stabilize.
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The GBP/USD currency pair retreated as geopolitical risks rose and after a relatively hawkish statement by Jerome Powell, the Federal Reserve chair.
The EUR/USD currency pair pulled back as economic data showed that Europe’s inflation was falling faster than expected.
The US dollar gapped lower showing signs of weakness against the Indian rupee right away on Monday but has turned around to fill that gap.