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 EUR/USD currency pair initially tried to rally on Wednesday, but came back gains as we got to the top of the previous trading sessions range.
GBP/USD was flat on Thursday amid mixed signals about the American economy.
The EUR/USD pair pulled back amid a significant risk-off sentiment among investors.
Bitcoin and American stocks pulled back amid concerns about the state of the economy and monetary policy.
The price of the euro currency pair against the US dollar EUR/USD has been moving along the same path as last week's closing trades since the start of trades this week.
After Jerome Powell's statements, which calmed the pace of the US dollar's gains, the gold futures XAU/USD achieved lukewarm gains reaching the level of $1884 per ounce.
For three trading sessions in a row, the bulls still control the performance of the USD/JPY currency pair with gains rebounding towards the resistance level of 132.90.
During yesterday's trading session, the GBP/USD exchange rate rose after US Federal Reserve Chairman Jerome Powell said that US financial conditions have adjusted
The Dow Jones Industrial Average rose in its recent trading on the intraday levels, to achieve strong gains in its last session, by 0.78%.
Spot natural gas prices (CFDS ON NATURAL GAS) advanced during their early trading on Wednesday.
The price of the TRY/USD has stabilized, near its lowest level ever.
The NZD/USD is trading near important support after a steep selloff on Friday and early this week, perhaps making the currency pair an interesting speculative wager now.
The US dollar has pulled back during the trading session on Tuesday, to fill the gap that we had put in the market at the open on Monday.
The Ethereum market has rallied initially during the trading session Tuesday as we continue to see the market try to break above the recent resistance barrier.
Bitcoin has risen slightly on Tuesday, as we continue to wait for some type of momentum to come back into the market and determine the overall direction.