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 recent recovery of the US dollar stopped the course of the rise of the XAU/USD gold price. This affected the resistance level of $2063 an ounce.
The natural gas market has recently witnessed lackluster trading sessions characterized by minimal price movements.
Since the middle of last week’s trading, the price of the US dollar currency pair against the Japanese yen, USD/JPY, is in an upward rebound path.
The EUR/USD made an initial attempt to rally during Friday's trading session but quickly relinquished its gains.
Challenges and Uncertainty in WTI Crude Oil and Brent Markets
The AUD/USD experienced a decline during Friday's trading session, extending the sell-off that commenced on Thursday.
The S&P 500 encountered initial attempts to rally during Friday's trading session, mirroring the prevailing global volatility.
The gold market has experienced a slight decline in recent trading sessions, with prices reaching the $2000 level.
The USD/JPY demonstrated a modest rebound during Friday's trading session, building upon the recovery witnessed on Thursday.
Bonuses & Promotions
The GBP/USD exhibited slight positivity during Friday's trading session, attempting to stabilize following a significant sell-off the previous day.
The GBP/JPY demonstrated a rally during Friday's trading session, finding support around the ¥168 level, like what was observed on Thursday.
The USD/ZAR is near the 19.10600 level as of this writing, last week around this time the currency pair was near the 18.32000 ratio.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD pair crashed below an important support level as investors embraced a risk-off sentiment amid the debt ceiling crisis.
The EUR/USD exchange rate continued its bearish trend, helped by the strong US dollar. It fell to a low of 1.0847, the lowest point since April 10th.
The Australian dollar retreated to the lowest point since May 3 as the US dollar index (DXY) pulled back.