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 recent rally in the Crude Oil market might seem encouraging, but there are underlying concerns that suggest a downward trend may be imminent.
The AUD/USD price remained in a consolidation phase on Monday morning as the focus shifted to the upcoming interest rate decision by the Reserve Bank of Australia (RBA).
The US dollar saw a significant rally during Friday's trading session, breaking above the 50-Day EMA.
The GBP/USD will enter this week of trading near the 1.23300 mark, which is an improved value compared to last Monday’s start near the 1.22200 ratio.
The EUR/USD went into the weekend near the 1.08425 ratios after demonstrating a reversal lower before going into the weekend.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of April 2nd, 2022 here.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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.
The EUR/USD produced an astonishing month of trading in March.
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After testing a high at nearly 82.8800 in the middle of March as the global markets sought risk-averse assets, the USD/INR has produced a solid downturn in the past ten trading days.
As the month of March gets ready to end and the start of April readies, the USD/ZAR certainly gave speculators a taste of adventure regarding their pursuit of the currency pair the past four weeks.
The WTI Crude Oil market has been slightly positive during the trading session on Thursday, but still looks as if it has a bit of negativity attached to it.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 has been bullish to start Thursday, approaching the top of the trading range.
The S&P 500 has been very noisy over the last couple of weeks, and there’s almost no chance that April is going to be any different.
The NASDAQ 100 has been trading and arranging for the last couple of months, and the month of April could very well see the same.