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
Natural gas markets initially tried to rally during the trading session on Tuesday, breaking towards the $2.65 level before finding selling again.
As this currency pair is approaching its 61.8 Fibonacci Retracement Fan Support Level, bearish momentum started to decrease.
Gold markets have fallen during the trading session on Tuesday, to break below the $1500 level.
Top Forex Brokers
GBPUSD: Bullish consolidation above 1.2300
Since the beginning of this week’s trading, the performance of the EUR / USD pair, as we expected, was in a limited range.
The price of gold today succeeded in confirming the break of the uptrend which lasted for 17 consecutive trading sessions.
Bonuses & Promotions
With the announcement of the results of the UK's GDP growth and manufacturing output, we have noticed negligence from the GBP / USD performance, as the Brexit developments are the most influential on the GBP trends.
For the fifth day in a row, USD / JPY continues the upward correction with gains reaching the 107.50 resistance level recorded at the time of writing, the highest in a month.
Bitcoin: Bearish consolidation below $10,500