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 GBP/USD has been struggling in recent weeks, with the currency unable to gain any significant momentum.
The EUR/USD showed signs of hesitation during trading on Thursday, as it initially tried to rally but ultimately gave back early gains.
The GBP/JPY has shown some weakness against the Japanese yen in recent trading sessions, as the currency pair tests key technical indicators.
The gold market experienced a bit of a rally during Thursday's trading session as it found support at the 200-Day EMA.
The USD/JPY has shown some weakness against the Japanese yen during Thursday's trading session, solidifying the idea of the ¥137.50-¥138 level being a significant resistance barrier.
The WTI Crude Oil market experienced a bit of a rally during Thursday's trading session but remains stuck in a range due to a lot of back-and-forth noisy behavior.
The AUD/USD showed some signs of life during Thursday's trading session, after experiencing a significant selloff earlier in the week.
The TRY/USD declined during yesterday's trading, Wednesday, as it broke its lowest level ever, to continue the general trend in the red color recorded by the Turkish currency.
The outlook for EUR/USD remains somewhat hazy. Despite the rise of the US dollar against all major currencies, it is difficult to imagine strong and lasting gains against some of them, including the euro.
Bonuses & Promotions
The US dollar has outperformed well out of the other major currencies and continues to rise against most of them today as well.
The Dow Jones Industrial Average declined during its recent trading on intraday levels, to record losses for the second day in a row, by -0.18%.
Spot natural gas prices (CFDS ON NATURAL GAS) declined slightly during their early trading on Wednesday, to record slight daily losses until the moment of writing this report, by -0.04%.
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Sign up to get the latest market updates and free signals directly to your inbox.The global stock sell-off continues as investors are shocked to realize that the Federal Reserve's work to try to tame hyperinflation in the US is far from over
The British pound lost notable gains against the dollar and fell against the euro, yen and franc following comments from the US central bank chief
The USD/SGD has sustained its higher price range in early trading this morning and is traversing near the 1.35300 level as of this writing.