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
After creating a high not seen since 1998 in the USD/JPY in mid-July, the currency finished trading for the month near lows not seen since mid-June.
ETH/USD has been able to sustain gains that it has produced incrementally, increasing support levels and helping to create a rather speculative technical tide of wagers.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 1, 2022 here.
Start the week of August 1, 2022 with our Forex forecast focusing on major currency pairs here.
The NASDAQ 100 tried to recover toward the end of the month in July, as we are very volatile, to say the least.
The GBP/USD currency pair has been hanging about the 1.20 level during most of July.
The S&P 500 rallied a bit heading into the month of August, as we have pierced the 4000 level.
As the month of July is ready to close BTC/USD has produced a more positive trajectory, but gains have proven incremental and the speculative struggle ensues.
The EUR/USD pair has been on a downward trajectory for some time, as we are threatening parity.
Bonuses & Promotions
The gold markets have been drifting for quite some time, reaching down to the crucial $1700 area.
The West Texas Intermediate Crude Oil market was all over the place during July, and I suspect that August probably has more of the same in store for traders.
The gold markets have rallied rather significantly for the second day in a row.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The Australian dollar initially tried to rally during the session on Thursday as we reached the 0.70 level.
The US dollar has broken down during the trading session on Thursday, slicing below the bottom of the up-trending channel that I had been following.
The NASDAQ 100 initially sold off during the trading session on Thursday as GDP numbers came out much weaker than anticipated.