Financial markets started to stutter as delays in the US-China phase one trade truce have increased fears that severe issues remain, even on the parts which analysts claimed were the easiest to accomplish
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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Bitcoin: Bullish consolidation above $8,893 continuing
USDCAD: Bearish flag pattern weakly broken
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USDCHF Analysis: Bulls pushing toward strong resistance at 0.9945
AUDUSD: Consolidating between 0.6927 and 0.6877
Despite economic challenges out of the US, the USD/MXN is under the influence of an increase in bullish momentum which initiated a breakout sequence.
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The natural gas markets continue to see a lot of bullish pressure as the market had reached as high as $2.90, but at this point looks very likely that a pullback could be coming
The West Texas Intermediate Crude Oil market will probably have quite a bit of volatility during the trading session as the crude oil inventory figure comes out the United States.
USDJPY: Bullish breakout above 109.00 in question
Bitcoin: Bullish consolidation above $8,893 continues
The Bitcoin market has gone back and forth during the trading session on Tuesday, as we continue to test the bottom of the previous descending triangle,
Gold markets fell rather hard during the trading session on Tuesday, slicing through the 50 day EMA like it wasn't even there.