So far, the attempts of the GBP/USD currency pair have not succeeded in recovering from its recent sharp losses, which brought it to the support level 1.2411.
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
With the bullish stability of the price of the US dollar against the Japanese yen, the USD/JPY is stable around the 130.20 resistance level.
The Turkish Lira rose slightly as investors await the US interest rate decision during today's trading.
Top Regulated Brokers
The Dow Jones index has been trading at fluctuating levels for several weeks but continues its daily decline since late last April.
Natural gas continues to rise and break the price resistance levels day after day, as the price of spot natural gas (CFDS ON NATURAL GAS) rose today during yesterday’s trading session.
AVAX/USD has moved slightly higher in the last day of trading, but Avalanche remains near dangerous lows in a market that shows growing nervousness.
ADA/USD is lingering near unsettling support levels, and speculators who have been trying to seek a reversal higher may be growing uneasy.
The pair remains vulnerable to a breakdown below $1.0500.
The German DAX Index rallied a bit in the futures markets on Tuesday to reach above the €14,000 level.
Bonuses & Promotions
The FTSE 100 gapped lower to kick off Tuesday but found enough strength near the 50-day EMA to turn around and close at the very highs of the day.
The Bitcoin market initially tried to rally on Tuesday but gave up gains to form a little bit of an inverted hammer.
The gold markets fell a bit on Tuesday to dip below the 200-Day EMA.
The Ethereum market initially tried to rally but gave back early gains as we continue to hang about the $2800 level.
ZCash had a very quiet session on Tuesday, but that might be exactly what was needed as we had formed a hammer on Monday, and now it looks like we are hanging about the $122 level.
The West Texas Intermediate Crude Oil market pulled back just a bit on Tuesday as we continue to see a lot of consolidation in this market.