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 USD/JPY experienced a notable decline during Friday's trading session, with its value reaching down to the 50-Day Exponential Moving Average.
The GBP/USD found itself in a state of indecision during the Friday trading session, as it continued to hover around the crucial 200-Day Exponential Moving Average indicator.
On Friday, the British pound made a decline against the Japanese yen, reflecting the ongoing volatility that continues to grip financial markets.
The crude oil markets displayed notable momentum during the Friday trading session, as they endeavored to regain stability after a recent downturn.
During the early hours of Friday's trading session, the Australian dollar experienced a substantial decline.
In a week marked by cautious trading, the USD/JPY pair experienced a notable shift, driven by a mix of US economic data and Federal Reserve policy speculations, leading to profit-taking selling as the pair approached key resistance levels.
In the wake of declining US inflation and shifting interest rate expectations, investors are increasingly embracing risk, propelling the EUR/USD currency pair to new heights, with a keen eye on the upcoming US Central Bank minutes for further insights.
The USD/MXN has sustained its lower values after its steep decline early last week, speculators of the currency pair now need to consider technical values seen in late September.
Recent performance confirms our technical analysis of the pound sterling against the dollar.
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The USD/ZAR significantly dropped lower last Tuesday after the publication of U.S inflation data, mirroring many forex pairs, but now a test of its ‘new’ values is being fought.
The S&P 500 market remains firmly in a bullish trend, making it highly probable that the prevailing upward trajectory will persist.
Natural gas markets made an initial attempt at rallying during Friday's trading session but ultimately relinquished those gains as they continued to hug the lower boundary of the recent consolidation range.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold experienced a remarkable surge in value during the recent Friday trading session, reaching an impressive $2,000.
The euro's recent trading activity has been marked by uncertainty and fluctuations.
US Dollar remains weak.