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 West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Thursday, as OPEC has sliced production by 2 million barrels per day.
Gold markets have initially tried to rally during the trading session on Thursday but pulled back a bit as it looks like we are hesitating just ahead of the Non-Farm Payroll announcements on Friday.
The ETH/USD markets have been quiet during the Thursday session, gaining over 1% but staying within the tight range that we have been in.
The BTC/USD market has done very little during the trading session on Thursday as we continue to hang around the 50-Day EMA.
We expected that the euro's current gains against the US dollar EUR/USD may be subject to collapse at any time.
The recent recovery of the pound may extend if the improvement in global investor sentiment continues.
The ascending path of the USD/JPY currency pair was not affected much by the selling that the currency pair witnessed in the middle of this week’s trading.
Gold retreated after rising above $1,700 an ounce with bouncing gains towards the $1,730 resistance.
The government is providing Billions of dollars in the markets to keep up with the rising demand for the lira.
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The Dow Jones Industrial Average declined in its recent trading at the intraday levels, to break a series of gains that continued for two consecutive days.
Spot natural gas prices (CFDS ON NATURAL GAS) increased in the last trading at the intraday levels, to achieve new daily gains until the moment of writing this report, by 1.96%.
The WTI Crude Oil market rallied a bit during the day on Wednesday to test the 50-Day EMA.
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Sign up to get the latest market updates and free signals directly to your inbox.The British pound has pulled back from the 1.15 level during the trading session on Wednesday, after having a very bullish bounce from the 1.05 level in very short order.
The gold market pulled back a bit during the trading session on Wednesday as the market sliced through the 50-Day EMA.
The EUR/USD pulled back a bit during the trading session on Wednesday as we tested the 50-Day EMA.