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 German index has rallied slightly during the trading session on Thursday as the market is testing the €14,300 level.
The S&P 500 futures market has reached the 4500 barrier yet again, an area that has been important more than once.
The NASDAQ 100 has rallied during the trading session on Thursday to reach the 200 Day EMA again.
The Oil market has rallied rather significantly over the last couple of weeks, but on Thursday gave back gains to form a less than impressive candlestick.
Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels, to achieve new daily gains until the moment of writing this report, by 0.54%.
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record sharp losses in its last sessions.
The Turkish lira stabilized against the US dollar without significant changes from yesterday's trading, during trading on Thursday.
It seems clear that the price of the EUR/USD currency pair is moving in narrow ranges in the recent trading sessions.
Despite the strength of the US dollar, gold prices rose to the resistance level of 1945 dollars an ounce and is stable around it at the time of writing the analysis.
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Sharp expectations for the future of the US Federal Reserve’s tightening policy this year, as well as investors abandoning the Japanese yen despite fears of the prolonged Russian war
Higher-than-expected inflation numbers helped the Pound to rally against the Dollar, as markets are betting that the Bank of England will have no choice but to pursue further interest rate hikes.
SOL/USD has built an incremental climb higher and values are approaching critical resistance levels, which if challenged could spark speculative buying.
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Sign up to get the latest market updates and free signals directly to your inbox.SHIB/USD is near short term highs, and though it has seen a slight reversal lower the cryptocurrency maintains a solid stance and may be ready to ignite higher.
The price is rising to new 6-year highs on weak Yen.
The German DAX Index initially tried to reach higher on Wednesday but pulled back from the crucial 50-day EMA.