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.
Most Recent
BTC/USD: Retracement or trend change?
Uncertainty over Brexit and a Corbyn government is a distant memory, after Prime Minister Johnson delivered the best election result since 1986, less than two months ago.
GBP/USD: New long-term lows below 1.2957
EUR/USD: New long-term lows below 1.0993
New Zealand Prime Minister Ardern confirmed that the economy is facing disruptions due to the deadly coronavirus, but noted they are manageable.
With damages to the global supply chain due to the coronavirus intensifying, financial markets fail to properly price-in the economic damages.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of February 10, 2020.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 10, 2020 here.
Get the weekly Forex forecast for major currency pairs for the week of February 9, 2020 here.
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With fears over the economic damages from the coronavirus easing prematurely, safe-haven demand for the Swiss Franc diminished as the risk-on mood took a dominant role.
The Australian dollar has initially rallied during the trading session on Thursday but gave back the gains in order to form a less than impressive candlestick.
The NASDAQ 100 has rallied a bit during the trading session on Thursday, reaching towards the top of the shooting star from the previous session on Wednesday.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold markets rallied a bit during the trading session on Thursday, breaking above the highs on Wednesday which of course is a very bullish sign.
The US dollar has pulled back slightly during the trading session on Thursday but has found enough support to continue going higher.
The S&P 500 has initially tried to rally during the trading session on Thursday but gave back the gains to turn around and form a shooting star.