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.
.jpg)
Continued fears of the Federal Reserve for the future of the US economy amid continued trade wars led by the Trump administration consolidate expectations that the bank will continue to ease monetary policy to protect the economic growth of the country.
USDJPY: Bullish consolidation above 108.61
After two consecutive weeks of gains for USD/JPY, and for three trading sessions in a row, the gains are capped at the 108.86 resistance level, where it is stable around at the time of writing.
A period of risk-on mentality gave traders an excuse to realize floating trading profits in gold,
New hurdles have emerged when it comes to a Brexit deal, but sources claim it is very close.
USDCAD: Today’s pivotal point likely to be 1.3177
USDCHF Analysis: Trendless ranging price action
The natural order of things is that we continue to test resistance, and the NASDAQ 100 level has shown this scenario again.
Over the last several days, we have seen the British pound skyrocketed value, based upon various Twitter headlines.
The S&P 500 has fallen just a bit during the trading session on Wednesday, reaching towards the 3000 handle.
.jpeg)
