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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The Aussie dollar has rallied a bit against the US dollar during the trading session on Thursday to jump above the 0.73 level.
The NASDAQ 100 initially shot higher on Thursday but continued to see plenty of selling pressure as the risk is most certainly souring.
The S&P 500 has gone back and forth during the course of the trading session on Thursday as it looks like we are going to continue to struggle for momentum.
The FTSE 100 had a very rough trading session on Thursday as it plunged towards the 200 Day EMA, for the second time in the last 10 sessions.
The pace of losses for the EUR/USD currency pair continued more towards a noticeable support level on the charts in the middle of this week's trading.
With continued risk aversion, the GBP/USD exchange rate recorded a new low in 2022 as the Russian invasion of Ukraine undermined expectations about the number of interest rate hikes
The US dollar pairs gained additional momentum in addition to the demand for it as a safe haven
Gold prices fell, losing steam for the first time in three days, as strong stock markets slightly dampened the commodity's safe-haven appeal.
On Wednesday, natural gas futures posted a notable advance for the second consecutive session as Russia advanced in its invasion of Ukraine, fueling fears of an energy crisis that fueled a surge in commodity prices.
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The Turkish lira fell strongly against the dollar during yesterday's trading.
The Dow Jones Industrial Average rose again during its recent trading at the intraday levels, to achieve gains in its last sessions.
DOGE/USD has continued to incrementally climb higher, but has also exhibited rather quick reversals lower after producing gains.
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There may be a possible short trade opportunity from $1.3458 later.
The euro initially sliced well below the 1.10 level, as there was a major “risk-off” type of situation.