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 EUR/USD exchange rate retreat continued, pushing it to the lowest level since July 2nd.
The BTC/USD pair made a strong bearish breakout, leading to Bitcoin’s worst week since the collapse of FTX in November last year.
The Australian dollar has been stung by the ongoing meltdown in China, the second-biggest economy in the world.
The most recent trading session on Friday showcased a modest comeback in the S&P 500, suggesting a short-term attempt at bouncing back.
Within the realm of gold markets, the recent trading session on Friday showcased a modest upswing in value, characterized by a rebound from the 200-Day Exponential Moving Average.
In the current market landscape, traders are directing their attention toward a pivotal threshold at level 1.09.
In Friday's trading session, the GBP/JPY faced a downward trajectory, putting the ¥185 level to the test.
The AUD/USD had a bit of a downward turn during Friday's trading action, but then it managed to bounce back ever so slightly.
The EUR/USD went into the weekend near the 1.08725 ratio as it created a one month low and finds its value floating near what could be considered crucial mid-term support.
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The GBP/USD finished the last week of trading with gains, but they were not achieved easily as financial institutions and traders’ battled mixed U.K. economic data.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of August 20th, 2023 here.
Within the USD/JPY pair, the current signals hint at a potential upward trajectory.
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Sign up to get the latest market updates and free signals directly to your inbox.Thursday's trading session witnessed a modest rebound in the S&P 500, signaling an attempt at short-term recovery.
Thursday's trading session witnessed a substantial rally in silver, with the $22.50 level proving to be robust support.
Within today's global energy landscape, few sectors demand as much scrutiny as natural gas, especially given recent shifts in strategy.