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
Bitcoin price consolidation continued during the weekend as demand and volatility remained low.
The AUD/USD pair sell-off continued its downward trend as the Australian dollar declined accelerated.
The GBP/USD touched the 1.28000 mark early this week, but went into the weekend below the 1.26000 ratio in a rather volatile handful of days for speculators.
The EUR/USD went lower again last week which may have sounded alarm bells among surprised traders, but perspective is needed.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of August 27th, 2023 here.
The upcoming months are poised to bring significant intrigue to the natural gas markets.
The gold market displayed an initial attempt to rally during Thursday's trading session, only to surrender those gains and exhibit a sense of indecision.
The EUR/USD exhibited a relatively calm demeanor, showing slight negativity in the early stages of trading on Thursday.
The WTI Crude Oil market showed an initial attempt at recovery following a downward gap on Thursday.
The AUD/USD experienced a notable decline during Thursday's session, reflecting increasing trader attention towards the potential for hawkish actions emerging from the Jackson Hole Symposium.
The USD/JPY demonstrated a notable surge throughout Thursday's trading session, reflecting traders' deliberation over the Federal Reserve's stance on maintaining tight monetary policy.
The S&P 500 exhibited a higher gap following Nvidia's positive earnings, bolstering all things related to AI during the overnight period.
Silver witnessed a minor retreat in Thursday's trading session, attributed to a trend of profit-taking that seems to be initiating.
Over the last day, a repetition of the preceding 24 hours' activity has unfolded in the GBP/USD market.
The GBP/JPY exhibited a degree of stabilization against the Japanese yen during Thursday's trading session, following a sharp selloff the previous day.