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
The USD/MXN is near the 17.16230 ratio as of this writing.
The AUD/USD exchange rate plunged hard after the recent economic numbers led many traders to predict that the RBA will diverge on their policies.
Bitcoin price was flat on Monday, continuing a consolidation phase that has been going on in the past few days.
The GBP/USD pair suffered a major reversal after the strong US jobs numbers led to doubts about the next Federal Reserve rate cuts.
May be finding support at $1.0774.
Get the weekly Forex forecast for major currency pairs for the week of February 05-09, 2024 here.
The GBP/USD seemed to be happily trading around its week high on Friday near the 1.27690 ratio.
The price of WTI Crude Oil hit a low of nearly 71.780 on Friday before closing around the 72.310 ratio.
Get the weekly Forex forecast for major currency pairs for the week of February 04-09, 2024 here.
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The natural gas market exhibited a slight decline during Thursday's trading session, signaling a prevailing negative sentiment.
Gold witnessed an initial rally during Thursday, but it soon exhibited signs of weakness, currently, it appears that the market is approaching a crucial juncture.
The euro experienced a decline during the trading session on Thursday, briefly falling below the 200-day Exponential Moving Average.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/JPY currency pair initially had a minor retracement during the trading session but subsequently rebounded from the 50-day Exponential Moving Average.
The Australian dollar displayed a notable decline in the early stages of Thursday's trading session, approaching a pivotal juncture represented by the 0.65 level.
Silver attempted to rally during Thursday's trading session but ultimately retraced its gains, reflecting the persistently erratic behavior observed in the market.