The S&P 500 pulled back during the trading session on Tuesday to reach towards the 4200 level.
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 NASDAQ 100 initially tried to rally during the trading session on Tuesday as we continue to see money flow into the marketplace.
The West Texas Intermediate Crude Oil market initially pulled back during the trading session on Tuesday but then turned around to show signs of life again.
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We still have a lot of work to do, and gold may be looking for some type of catalyst to finally get going.
The Bitcoin market broke down significantly during the trading session on Tuesday to slice through the bottom of the symmetrical triangle that we have seen.
This is a market that seems to be doing almost nothing, so I have not been trading it.
The Ethereum market fell a bit during the trading session on Tuesday to break down below the $2500 level.
Bitcoin briefly hit a 2-week low price.
The pair has been ranging for three weeks.
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The EUR/USD price was little changed in the American and Asian sessions as attention shifted to the upcoming European Central Bank (ECB) decision and US inflation data.
The AUD/USD pair was little changed after the latest Australian consumer sentiment data and the relatively strong China inflation numbers.
The return of the weakness of the US dollar contributed to a positive start for the gold price in this week's trading, reaching the psychological resistance level of $1900 again.
The US dollar's temporary recovery pushed the GBP/USD pair to the support level of 1.4083, but the pair rebounded upwards as we expected and moved towards the resistance level 1.4191 before settling around the 1.4178 level at the time of writing.
For the second day in a row, the EUR/USD pair is trying to compensate for the losses of its recent bearish correction amid the improvement in US economic data.
For three trading sessions in a row, selloffs in the USD/JPY pair pushed it towards the 109.18 support level before settling around the 109.25 level at the beginning Tuesday's trading.