The EUR/USD finished the week of trading near the 1.06520 mark, on last Monday the EUR/USD also was around this price vicinity.
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.
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The Australian dollar was flat against the greenback on Monday morning as traders refocused on Australia’s inflation report.
Hawkish remarks from Fed Chair Powell and ongoing tension in the Middle East saw the US Dollar continue to gain while stocks and most commodities sold off firmly, excepting precious metals.
The price of WTI Crude Oil started last week around the 85.000 ratio, this after the previous weekend’s loud developments between Iran and Israel.
Get the weekly Forex forecast for major currency pairs for the week of April 22-27, 2024 here.
The WTI crude oil market has initially fell during the trading session here on Thursday, but then turned around as we bounced from the 50 day EMA.
The Australian dollar has tested the 0.6450 level early on Thursday, but it looks as if it's going to struggle to continue going higher.
The NASDAQ 100 went back and forth early during the trading session on Thursday.
Gold has done a little bit of sideways dancing during the early hours on Thursday just as we have seen it do all week.
Bonuses & Promotions
The dollar has recovered after initially falling down a bit against the Japanese yen during trading on Thursday as we continue to see the buy on the dip mentality come into the picture.
The US dollar has been strong for some time, and recently we have seen the GBP/USD pair go back and forth.
Over the last several sessions, I have been paying close attention to the GBP/CHF pair, as it has such a significant amount of swap that you can get paid.
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Sign up to get the latest market updates and free signals directly to your inbox.The euro initially found during trading on Thursday, but then turned around to show signs of strength again as we continue to threaten the ¥165 level.
The German DAX initially fell during the trading session on Thursday, reaching down to the 50-Day EMA.
Bitcoin has rallied significantly during the course of the trading session on Thursday, as we have seen the $60,000 level offer significant support.