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 price made signs of a bullish breakout as investors cheered the slow but steady inflows in key ETFs.
The EUR/USD exchange rate remained at 1.0765, a few points above this week’s low of 1.0725. It remains much lower than its December high of 1.1140.
$1.2641 likely to be today’s pivotal point.
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For the second day in a row, the gold price has recovered from the losses following the announcement of stronger-than-expected US jobs figures.
Market influenced by US resilience to rate hikes and diverging central bank policies between the Fed and BoJ.
The British pound was the second worst performing G10 currency over the past 24 hours.
Since the start of trading this week, the EUR/USD currency pair has been stable below the psychological support level of 1.0800.
The price of Cocoa as of this morning is near the 5174.0 ratio.
After trading near the 0.60380 ratio on Monday and sustained lower depths well into Tuesday, the NZD/USD has produced some upside over the past twelve hours.
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The USD/JPY pair continues its bullish momentum, with Tuesday's session showing signs of renewed strength.
The S&P 500 displayed limited activity during Tuesday's early trading hours.
The NASDAQ 100 has maintained a bullish trend, prompting a strategic focus on buying during price dips to capitalize on potential value opportunities.
The Euro faced a decline against the US dollar early in Tuesday's trading session.
The Bitcoin market is currently in a sideways movement, trading within a range of $42,000 to $44,000.
The US dollar continues to demonstrate strength against various global currencies in early Tuesday trading, and this trend is also evident in the GBP/USD pair.