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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There is a potential short-term double bottom at $1.0900.
BNB/USD remains under pressure in the short term as the cryptocurrency reacts to nervousness being displayed across the broad digital asset market.
Dogecoin finds itself traversing important support levels this morning after a quick spike upwards in late trading yesterday proved to be short-lived.
The BTC/USD pair remained in the tight range it has been in the past few weeks.
The AUD/USD pair remained under intense pressure last week after the strong American inflation data and as demand for safe havens rose amid the fighting in Ukraine.
The GBP/USD pair crashed to the lowest level since November 2020 as investors embraced the US dollar as a safe haven.
The German DAX Index initially tried to rally after gapping lower, reaching towards the €14,000 level.
The Ethereum market rallied initially on Friday but gave back the gains to show somewhat weak price action.
The market for Stellar Lumens has been rather weak for a while, and these last couple of days have not been any different.
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The S&P 500 initially tried to rally on Friday but gave back gains as we continue to struggle in general.
The NASDAQ 100 initially tried to rally on Friday to reach towards the 13,860 level before falling and turning negative for the session.
Bitcoin went back and forth on Friday as we continue to dance around just below the $40,000 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The WTI Crude Oil market rallied a bit on Friday as we reach towards the crucial $110 level.
The US dollar fell a bit on Friday to reach down towards the 50-day EMA against the Loonie.
The British pound initially tried to rally on Friday but gave back gains as we continue to plummet.