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 rallied during the trading session on Thursday after the CPI numbers came out of the United States.
The West Texas Intermediate Crude Oil market rallied a bit during the trading session on Thursday, touching the 50-Day EMA.
The S&P 500 had a wild day during trading on Thursday as the CPI numbers came out as anticipated.
The gold markets rallied again during the day on Thursday, breaking above the $1900 level at one point.
The Dow Jones 30 has rallied during the trading session on Thursday, as we have seen industrials recover after the CPI numbers came out right in line with expectations.
The CAC 40 rallied again during the trading session on Thursday to peer the 7000 level.
The exchange rate of the TRY/USD recorded a decline during early trading this Thursday morning.
Spot natural gas prices (CFDS ON NATURAL GAS) advanced during their early trading on Thursday, to achieve slight daily gains until the moment of writing this report, by 0.54%.
The Dow Jones Industrial Average advanced its recent trading on intraday levels, to achieve gains for the second day in a row by 0.80%, to add about 268.91 new levels to the index.
Consolidated price action has been seen in the GBP/USD since Monday of this week as speculators and financial houses brace for today’s U.S inflation reports.
As of this writing the USD/MXN is close to the 18.96700 level with rather fast price action being displayed.
The BTC/USD has been rather noisy during the trading session on Wednesday as we are sitting right around the $17,500 level.
The USD/CAD has done very little during trading on Wednesday, as we are waiting for the CPI numbers to come out on Thursday.
The exchange rate of the euro currency pair against the US dollar, EUR/USD, is still stable around its highest gains in eight months
The S&P 500 has rallied during training on Wednesday, as we are now threatening to break above the top of the shooting star from a couple of days ago.