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 has initially tried to rally during the trading session but found the 8000 level to be a bit too much to overcome.
The British pound broke down during the trading session on Tuesday, slicing through the 1.25 handle.
The Australian dollar tried to rally initially during the trading session on Tuesday but did not break above the crucial 0.7050 level.
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During the trading session on Tuesday we have seen the Euro break down rather significantly.
The US dollar has broken higher after initially dropping against the Japanese yen during the day on Tuesday, breaking above the top of the inverted hammer that formed for the Monday session.
The WTI Crude Oil markets gapped lower to kick off the trading session on Tuesday, turned around to fill that gap and reach towards the $60 level before collapsing.
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Bitcoin saw more selling pressure on Tuesday, breaking below the $10,000 level.
Natural gas markets broke down during the trading session on Tuesday as we continue to see a lot of noise in this market.
The S&P 500 tried to rally a bit during the trading session on Tuesday, but then broke down towards the 3000 handle.