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.
Forex Daily Forecast, Analysis and Prediction
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Forex Daily Forecast, Analysis and Prediction
The crude oil market witnessed a significant rally during Friday's trading session, marked by a persistent streak of noisy fluctuations.
The GBP/JPY faced a challenging trading session on Friday, as it initially attempted to rally but eventually succumbed to downward pressure.
The AUD/USD faced a challenging trading session recently, displaying a negative trend after an initial attempt to rally.
The continued discrepancy between FED and BoJ policies allowed the bulls to control the performance of the USD/JPY currency pair.
In Friday's trading session, the US dollar experienced a brief setback before staging a comeback.
The GBP/USD quickly underwent strong selling operations, before closing the week's trading stable around the 1.2140 level.
The S&P 500 displayed resilience as it rebounded from earlier losses, indicating a prevailing "buy on the dips" sentiment in the market.
Silver experienced a robust surge in its price during Friday's trading session, hitting a crucial support level in the process.
Over the course of the week, the natural gas market has displayed a lack of significant movement, following last week's breakthrough above the 200-Day EMA.
In the early hours of Friday, the gold market experienced a significant rally, driven by a surge in demand for safe-haven assets.
The EUR/USD is currently grappling with mounting challenges against the US dollar.
The GBP/USD exchange rate has pulled back sharply ahead of a relatively busy week ahead.
The EUR/USD retreated on Monday as geopolitical risks continued rising and as US bond yields continued retreating.
The BTC/USD pair remained in a consolidation phase in the past few days as investors wait for the next key catalyst.
Aussie is poised to benefit if risk-on sentiment strengthens.