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 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 West Texas Intermediate Crude Oil market has initially fallen during the trading session on Thursday but turned around to show signs of life again.
The S&P 500 fell during the trading session on Thursday, reaching the 4100 level by the time midafternoon head.
The NZD/USD rallied to the 0.64 level during the trading session on Thursday but gave gain rather quickly to turn around and fall from the level.
The NASDAQ 100 initially tried to rally during the trading session but gave up gain yet again as it looks like we are in the process of forming some type of topping pattern.
Gold markets and try to rally during the trading session on Thursday but struggled again as we continue to see a lot of resistance above the $1880 level.
The USD/CAD has fallen initially during the trading session on Thursday but found buyers underneath the turnaround and form a bit of a hammer.
At this point, the market did pull back just a little bit of distance to reach down below the ¥131 level, but it has seen a little bit of support underneath there.
The GBP/USD rallied a bit during the trading session on Thursday, as we have broken above the 50-Day EMA and the 200-Day EMA indicators.
The EUR/USD tried to rally during the trading session on Thursday, breaking above the highs of the last couple of sessions.
The AUD/USD rallied a bit during the trading session on Thursday.
Risky assets are rising quietly against the US Dollar today.
The Dow Jones Industrial Average fell in its recent trading on intraday levels, recording losses in its last session by -0.61%, to lose about -207.68 points.
Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Thursday, to record new daily losses until the moment of writing this report, by -1.60%.
The price of the TRY/USD stabilized amid the almost complete absence of any talk or economic data in the wake of the massive earthquake that struck the country.