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 Australian dollar rallied a bit during the trading session on Tuesday, breaking towards the 0.68 level.
The US dollar has initially tried to rally during the trading session on Tuesday but then broke down to reach towards the ¥170 level.
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The Euro has gone back and forth during the trading session on Tuesday, as we continue to dance around the 1.10 EUR level.
The British pound initially rallied during the trading session on Tuesday as word got out that Boris Johnson lost in the court system.
Gold markets went back and forth during the trading session on Tuesday, initially falling before turning back around to break towards the $1540 level.
Bitcoin markets broke down a bit during the trading session on Tuesday, for the third day in a row.
The West Texas Intermediate Crude Oil market has fallen during trading on Tuesday, breaking below the $57.50 level.
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The NASDAQ 100 initially tried to rally during the trading session on Tuesday but then broke down below the 7800 level to reach through the 50 day EMA.
Natural gas markets initially rallied during the trading session on Tuesday but found enough resistance above the turn things back around near the $2.60 level.
USDCAD: Consolidation between 1.3236 and 1.3308 persists
The increase in geopolitical risk has once again boosted demand for gold.
Yesterday’s UK Supreme Court decision which ruled Prime Minister Johnson’s prorogation of Parliament unlawful has take out bearish momentum in the EUR/GBP.
USDCHF Analysis: Strong support below0.9842