The gains made yesterday by the GBP/USD currency pair to the resistance level of 1.2715 quickly evaporated.
Technical Analysis
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.
Most Recent
Technical Analysis
Technical Analysis
Technical Analysis
Since the beginning of this week, the gold price has been on its broader upward trajectory, stabilizing around the resistance level of $2666 per ounce.
Technical Analysis
The German index initially did try to rally during the trading session on Wednesday, but by breaking above the 50 day EMA, it ran into a lot of resistance.
Technical Analysis
Top Regulated Brokers
The Australian dollar initially did rally a bit during the trading session on Wednesday but found quite a bit of resistance above as we continue to see a lot of noisy behavior.
Technical Analysis
The S&P 500 initially did try to rally during the trading session on Wednesday but has turned around to fall towards the 5,880 level again.
Technical Analysis
During the early part of the session on Wednesday, we've seen the British pound rally quite nicely, but it has given back quite a bit of those gains as we continue to hang around the crucial 1.77 level.
Technical Analysis
Advertisement
The West Texas Intermediate crude oil or the US oil markets initially tried to rally during the trading session on Wednesday, but the $70 level has caused a bit of a headache.
Technical Analysis
The USD/RUB continues to challenge higher price levels and yesterday’s value 101.0760 approached levels not seen since October 2023, and the currency pair remains within an apex speculative realm.
Technical Analysis
The USD/MYR has produced a reversal the past handful of days after touching a high last Thursday around the 4.4890 ratio, but the lower move can be considered fragile.
Technical Analysis
Bonuses & Promotions
In my daily analysis of exotic currencies, the USD/NOK level has captured my attention as we had initially dipped below the 11 NOK level.
Technical Analysis
In my daily analysis of major currency pairs, the USD/CHF pair continues to see a lot of love, and it does continue to be one of the better performers.
Technical Analysis
During my daily analysis of the GBP/USD pair, the first thing I notice is that we did try to rally, but it seems like above the 1.27 level, the sellers came in and really started to push the markets again.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
During my daily analysis of the gold market, the resiliency has become apparent. We initially did pull back during the trading session.
Technical Analysis
During the trading session on Wednesday, the US dollar has continued its consolidation against the Malaysian ringgit, as we are sitting just below the crucial 4.5 MYR level, which also features the 200 Day EMA.
Technical Analysis
The AUD/USD pair pulled back in the overnight session as the US dollar index (DXY) and government bond yields jumped.
Technical Analysis