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
The US dollar has lost over 1% against the South African Rand during the trading session on Wednesday, as we have seen a call being of interest rates.
Silver saw a modest rally during Wednesday's trading session, despite hotter-than-expected Producer Price Index (PPI) figures, highlighting the indifference of Chicago futures traders to the data.
In Wednesday's trading session, natural gas markets exhibited a minor pullback, despite being comfortably above the 200-Day Exponential Moving Average.
The NASDAQ 100 initially rallied during the trading session on Wednesday, despite the fact that PPI came out at almost twice what was anticipated.
The AUD/USD had a turbulent ride during Wednesday's trading session, reflecting the ongoing market uncertainty.
Support at $26,534 held precisely.
The GBP/USD rally continued on Thursday morning ahead of the closely watched UK GDP and US consumer price index (CPI) data.
The EUR/USD pair was flat on Thursday morning after the Fed published minutes of the September meeting.
The AUD/USD exchange rate pulled back slightly after the latest Federal Reserve minutes.
Bonuses & Promotions
Silver displayed a hint of hesitation during Tuesday's trading session as the United States bond markets reopened, influencing a wide array of markets, notably due to concerns over inflation.
Natural gas markets have displayed a strong tendency to maintain their upward trajectory, albeit with signs of possible overextension in the current phase.
The gold market experienced an upside gap, signaling renewed strength, as the safety trade once again gained prominence.
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The NZD/USD has produced a climb higher the past week of trading, but its price range and choppy conditions remain in a turbulent speculative realm.
The price of the EUR/USD currency pair is still trying to rebound higher, but its gains did not exceed the resistance level of 1.0620.