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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Bitcoin has initially pulled back a bit during the trading session on Thursday but continues to find buyers near the $20,000 level.
Ethereum markets have rallied quite significantly on Thursday, as we continue to bang around in the same $250 range.
The West Texas Intermediate Crude Oil market fell a bit during the trading session on Thursday to crash through the $92 level.
The NZD/USD made new long-term lows yesterday, and the currency pair is challenging values not seen since May of 2020.
The USD/MXN continued to move higher and touched values not seen since the second week of March, as the currency pair reacted to U.S economic data and technical forces.
The Turkish lira fell against the dollar to record levels, as the Turkish lira was affected by the rise of the US dollar.
Spot natural gas prices stabilized at an increase in its recent trading at intraday levels, to achieve slight daily gains until the moment of writing this report by 0.81%, after it rose in yesterday's trading by 5.26%.
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the fourth consecutive session, by -0.67%, to lose about -208.54 points.
The downward pressures continued on the gold market after it rose in the wake of the sharp inflation report from the United States of America, as investors once again turned to the dollar as a safe haven asset.
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In the middle of this week's trading the British pound was stronger, in line with some better than expected economic data.
There is no doubt that the stronger US inflation figures increased the markets’ bets that the US Federal Reserve would be more aggressive in the coming months in the pace of raising US interest rates.
One euro is now equal to one US dollar for the first time in two decades after the historic slide in the rate of the common European currency.
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Sign up to get the latest market updates and free signals directly to your inbox.For the second day in a row, the price of the EUR/JPY currency pair is moving in an upward rebound range with gains to the resistance level 139.05.
The AUD cannot compete with USD strength.
The US dollar rallied initially on Wednesday to make a fresh, new high.