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
The S&P 500 attempted to rally during Friday's trading session but concerns about the future direction of the market continue to linger.
The silver market has been experiencing a lot of noise lately, with rallies and dips occurring frequently.
The GBP/JPY experienced a sharp decline during Friday's trading session, retreating from the 50-Day EMA and the 200-Day EMA indicators.
The natural gas market has been experiencing downward momentum as we head into the spring season for the Northern Hemisphere.
At the start of Friday's trading session, the West Texas Intermediate Crude Oil market attempted to rally but quickly lost its gains due to resistance at the $70 level.
The USD/ZAR has maintained the upper limits of its price range for almost a solid week.
My previous GBP/USD signal on 16th March was triggered as none of the key support or resistance levels were reached that day.
The EUR/USD price drifted higher on Monday morning as the turmoil in the banking sector continued.
Bitcoin continued its remarkable comeback during the weekend as investors continued rushing to its safety amid rising volatility in the market.
The AUD/USD moved sideways on Monday as traders prepared for another busy week in the financial market.
The GBP/USD finished last week’s trading around the 1.21725 ratio.
The EUR/USD closed the last week of trading near the 1.06640 mark, and the start of trading this past Monday began near the 1.06900 level.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
The GBP/JPY has been struggling to maintain gains during Thursday's trading session, as the currency dips below the ¥160 level against the Japanese yen.