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.
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The British pound experienced a slight decline against the US dollar at the start of Thursday's trading session.
Silver's recent performance has been lackluster.
In Thursday's trading session, the natural gas markets showed signs of stabilization, hovering around the crucial $2.50 level.
During Thursday's trading session, the gold markets exhibited a state of anticipation, marked by significant noise and uncertainty as traders anxiously await the release of the jobs report on Friday.
During Thursday's trading session, the EUR/USD experienced a slight dip, settling just above the critical 50-Day Exponential Moving Average.
Throughout this week's trading, the price of the USD/JPY currency pair is in a strong upward retracement path, benefiting from the Japanese central bank maintaining its negative interest policy, while the US dollar continued to tighten the US Federal Reserve's policy.
The continuation of the gains of the US dollar brings more losses to the gold price, which affected the support level of $1931 an ounce, at the time of writing, which is the lowest price in three weeks.
Sterling pairs, without exception, are cautiously watching the reaction to today's Bank of England announcement.
The stability of the price of the EUR/USD currency pair remains below the 1.1000 level, which supports more bears' control over the trend.
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The US dollar pair stabilized against the lira, trading near new all-time highs.
The USD/TRY has continued to produce a solid speculative trading landscape, and its recent consolidation makes the currency pair intriguing for quick-hitting wagers.
The USD/ARS continues to spin out of control and the bullish trend of the currency pair is showing no ability to slow.
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The EUR/USD pair continued falling as investors embraced a risk-off sentiment after Fitch downgraded US credit rating from AAA to AA+.
Bitcoin price continued wavering as open interest, volume, and volatility declined.