Since the beginning of this week's trading, ahead of the announcement of the US Federal Reserve last meeting, the EUR/USD is still under strong downward pressure
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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Ahead of the release of the US Federal Reserve meeting’s minutes, gold prices are still facing strong pressure to maintain their recent losses,
For four consecutive trading sessions, the USD/JPY pair has rallied around the top of the 110.00 psychological resistance,
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NZDUSD analysis: bearish but can’t break 0.6500 yet
USDJPY: Bullish breakout above upwards price channel
USDCAD remains trapped in a month-long price range
USDCHF supported above 1.0070 as risk appetite recovers
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EURUSD: Still bearish below resistance at 1.1181
The Euro went back and forth rather wildly during the trading session on Tuesday as investors try to figure out what they’re going to do next.
Bitcoin markets did very little during the day on Tuesday, and I think that’s a good thing.
The S&P 500 rallied a bit during the trading session on Tuesday, as we continue to dance around the 50 day EMA.
The WTI Crude Oil market went back and forth during trading on Tuesday, as we continue to see a lot of resistance near the $63.66 level.