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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My previous GBP/USD signal on 5th September was not triggered, as there was no bearish price action when the price first reached the resistance level which I had identified at $1.1496.
Get today's recommendation on the lira against the dollar.
Spot natural gas prices (CFDS ON NATURAL GAS) advanced in the recent trading at the intraday levels, to achieve slight daily gains until the moment of writing this report, by 1.02%.
The Dow Jones Industrial Average rose in its recent trading at the intraday levels, to achieve gains for the third consecutive session, by 1.19%.
Despite the recent hawkish signals from the European Central Bank and halting the pace of the record US dollar gains, the rebound gains for the EUR/USD currency pair did not exceed the 1.0113 level by the end of last week’s trading.
Despite the recent profit-taking sale of the USD/JPY currency pair, it is seen as healthy and normal after the currency pair's gains to its highest in 24 years.
Before the announcement of the growth rate of the British economy, the price of the GBP/USD currency pair is settling around the resistance level 1.1625.
The USD/BRL finished trading last week near the price of 5.1470, which is a short term lower price range.
The GBP/USD has rallied a bit during the trading session on Friday as the 1.15 level has offered a significant amount of support.
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At the end of last week's trading, gold prices rose XAU/USD, as the US dollar retreated from the highest level in 20 years.
The S&P 500 has broken above the 50-Day EMA during the trading session on Friday as we continue to see a lot of strength in the recovery rally.
The NASDAQ 100 has rallied again during the trading session on Friday as the US dollar started to lose strength.
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Sign up to get the latest market updates and free signals directly to your inbox.The Ethereum market rallied quite nicely on Friday to break above the $1700 level. By doing so, it suggests that we may continue to consolidate in the short term.
The BTC/USD market has rallied rather significantly during the trading session on Friday as the US dollar gets hammered.
The USD/JPY opened slightly lower this morning and sank to a low of nearly 142.325 early, but has climbed upwards incrementally since.