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 British pound initially fell against the Swiss Franc to show signs of negativity, but we have turned right back around to show signs of life again.
The US dollar has fallen over 6/10 of a percent against the Singapore dollar, which is a significant move considering that the pair does not tend to be overly volatile.
The US dollar has been absolutely hammered against the Czech koruna during the trading session on Monday, as we have fallen rather significantly and rather quickly due to concerns about inflation in America.
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The US dollar dropped to the downside during the trading session on Wednesday, as traders have ran away from the US dollar.
The bitcoin market rallied quite nicely during the trading session on Wednesday, as we have bounced from the crucial $67,000 level.
Silver has exploded to the upside after the CPI numbers in the United States came in a little lighter than anticipated.
The Euro rallied significantly during the trading session on Wednesday, as we continue to try to attempt a recovery and after the massive selloff at the open of the week.
We have seen the US dollar plunge against the Canadian dollar during the trading session on Wednesday after the CPI numbers came out lighter than anticipated in the United States.
The German DAX has rallied significantly during the early hours on Wednesday as we have bounced from the crucial 50 Day EMA.
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Gold has launched higher during the trading session on Wednesday, and CPI numbers in the United States came out a little bit lower than anticipated.
The USD/ILS was able to downshift in correlation to the broad Forex market yesterday as the currency pair traded lower and touched a depth of nearly 3.68010.
Resistance level at $0.6657 looks likely to be pivotal today.
The USD/RUB has suddenly produced a move upwards within the currency pair, this after moving lower yesterday upon the result of the U.S inflation data.
Bitcoin and other risky assets rose after a report showed that the US inflation was falling.
GBP/USD exchange rate rose after the US published highly encouraging inflation numbers and after the Federal Reserve left interest rates unchanged as was widely expected.