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.
Most Recent
For two weeks in a row the EUR/USD price tried to bounce higher and get out of the sharp bearish trend that pushed it below the parity price.
Gold futures extended their gains to end the disappointing month of July.
The bulls’ control over the performance of the GBP/USD currency pair last week was remarkable, as the currency pair moved towards the 1.2245 resistance before closing the week’s trading stable
The Turkish lira stabilized near its lowest level this year against the dollar, amid noticeable interventions by the Turkish Central Bank to control the price of the lira against the dollar.
A trading week dominated by bears towards the US dollar pairs, and the price of the US dollar against the Japanese yen (USD/JPY) currency pair moved amid bearish momentum
Spot natural gas prices (CFDS ON NATURAL GAS) resumed their decline in recent trading at intraday levels, to record daily losses until the moment of writing this report, by -4.60%.
The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains for the third consecutive day, by 0.97%, to gain about 315.50 points.
Gold markets rallied Friday to close out the week on the good foot.
The US dollar fell a bit Friday, reaching down to the ¥133 level.
Bonuses & Promotions
The AUD/USD currency pair was all over the place on Friday as we continue to struggle with the 0.70 level.
The GBP/USD currency pair has been all over the place Friday as it looks like we have nowhere to be.
The EUR/USD pair went back and forth Friday as we continue to see a lot of noisy behavior.
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Sign up to get the latest market updates and free signals directly to your inbox.The BTC/USD currency pair initially tried to rally Friday but gave back quite a bit of the gain showing exhaustion.
The S&P 500 Index initially pulled back Friday but then turned around to show signs of bullish pressure late in the day.
Ethereum had a nice run over the last several days but slowed down on Friday to show signs of hesitation.