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 GBP/CHF pair isn’t one that a lot of people pay attention to, and it is to their detriment.
Silver initially tried to rally a bit during the trading session on Thursday, but then gave back some of the gains.
The dollar/lira pair stabilized during trading today, Thursday, with the pair stabilizing near its new all-time high of 32.50 lira per dollar.
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According to forex trading, the Japanese yen was the main loser, falling by more than 1.5%, even after the Bank of Japan's historic decision to end eight years of negative interest rates and completely abolish the yield curve control policy.
After investors digested the US Federal Reserve announcement yesterday, the GBP/USD pair is cautiously awaiting the Bank of England announcement today, Thursday.
The easing of signals for future US interest rate hikes and the subsequent decline in the US dollar were a strong catalyst for gold prices to move towards new record levels.
The Nasdaq 100 looks slightly positive during the trading session on Wednesday as we head toward the Federal Reserve meeting.
It looks like the S&P 500 will continue to be a noisy market, but I do think that given enough time, we do have plenty of buyers.
The price of your chocolate is going up. Too put it into perspective the price of Cocoa has doubled since November of 2023.
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Silver initially pulled back a bit during trading on Wednesday, but it does look like we are trying to hang on to some support.
After trading near a value of 278.4860 yesterday the USD/PKR moved to a depth of nearly 278.0000 briefly as the U.S Federal Reserve held its interest rate policy in place.
The German DAX has been slightly positive during early hours on Wednesday as most of the trading world seems to be focusing on what the Federal Reserve has to say later in the day.
The British pound has continued its drive higher against the Japanese yen.
The euro drifted a little bit lower during the trading session on Wednesday as we waited for the Federal Reserve.
The euro initially tried to rally during the training session on Wednesday but gave up gains near the crucial 50-Day EMA.