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 GBP/USD exchange rate was muted on Tuesday morning as the focus remained on the upcoming UK budget and Fed Chair statement.
The EUR/USD price rebounded to the highest point in more than two weeks as the US dollar pulled back after an extremely hawkish statement by an ECB official.
The BTC/USD price remained in a tight range as investors looked forward to key economic events scheduled for the next few days.
During last week's trading, the euro's performance was clearly superior at the beginning of the new month, as it responded to another higher jump in German bond
The TRY/USD stabilized during early trading on Thursday morning.
Britain's economic recovery in February was stronger than previously reported, according to the final PMI survey from S&P Global.
The Dow Jones Industrial Average continued to rise during its recent trading on intraday levels, achieving gains for the third day in a row, by 1.17%.
Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Monday, to incur sharp daily losses until the moment of writing this report by -10.33%.
The US dollar has pulled back a bit during the trading session on Friday, as the 200-Day EMA continues to offer a bit of resistance.
US job growth likely moderated last month after the sharp pace in January, while the country's unemployment rate was likely to hold steady at a 53-year low.
Friday's trading session saw the S&P 500 enjoying positive gains, as Wall Street traders continue to overlook economic concerns.
XAU/USD gold futures are back above $1,800 an ounce, posting their first weekly gain in four weeks.
Silver started strong on Friday's trading session, but quickly gave back gains as uncertainty persisted.
The USD/BRL went into the weekend near the 5.1925 ratio as it displayed the ability to remain within sight of its near-term lows.
Gold markets rallied significantly during Friday's trading session, reaching the 50-Day EMA.