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
During Wednesday's session, silver exhibited a substantial rally, reinforcing the $22 mark as a strong support level.
The AUD/USD exchange rate pulled back during the American and Asian session after the US published another set of strong economic numbers.
The EUR/USD exchange rate was relatively volatile after the latest flash manufacturing and services PMI numbers from the US and Europe.
Top Forex Brokers
The GBP/USD price pulled back slightly after the flash UK and US manufacturing and services PMI numbers.
Speculators who have been in pursuit of the NZD/USD the past week have seen values produce a rather chaotic assortment of prices.
After reaching a high of nearly 1.34925 yesterday the USD/CAD has been able to traverse lower.
The overall trend for the EUR/USD pair is bearish.
Gold futures (XAU/USD) are struggling to determine their direction.
In mid-trading this week, the British pound rose to its highest level in a week against the US dollar and tested the top of the main range against the euro.
Bonuses & Promotions
According to recent forex market trading, the Japanese yen has strengthened with expectations of rising interest rates from the Bank of Japan in the future.
You can see Bitcoin has initially fell during the trading session and really has not gotten back up from the initial plunge.
The euro initially rallied on Tuesday but gave up gains as we continue to see a lot of noisy behavior in the bond markets.
The S&P 500 has shown a little bit of upward pressure during the trading session on Tuesday.
The Aussie dollar has shown itself to be somewhat hesitant during the trading session to follow through on upward momentum.
Crude oil initially fell during the session on Tuesday and does look a bit threatened at this point in time.