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.
Forex Daily Forecast, Analysis and Prediction
Top Forex BrokersForex Daily Forecast, Analysis and Prediction
The USD/MXN initially tried to rally during the trading session on Thursday, but the 200-Day EMA just above is causing a bit of a headache.
Silver is currently clinging to the support level at the base of the long-term consolidation area, persistently challenging the $22.50 zone.
The natural gas markets are currently in a state of flux, witnessing a rise of over 1% in a recent Thursday trading session.
Currently, the gold market is navigating through a phase of despair, with the existing conditions being far from favorable.
The EUR/USD experienced a slight rally during Thursday's trading session, a logical response given the market's oversold condition and the bounce from the pivotal 1.05 level.
The USD/JPY experienced a slight decline during Thursday's trading session, indicating a stretched market.
The GBP/USD experienced an initial surge during Thursday's trading session but is already exhibiting signs of reluctance.
The NASDAQ 100 initially fell during the trading session on Thursday, but it looks like we continue to see support in the same general vicinity.
The crude oil markets demonstrated an initial surge during the trading session on Thursday but subsequently relinquished a substantial portion of the gains, indicating a potential impending pullback.
The AUD/USD experienced a significant rebound during the trading session on Thursday, indicating attempts to regain the 0.64 level.
The improvement in the results of the American economic data confirms the strength of the economy in the light of the continued tightening of the policy of the American central bank.
Sterling fell to fresh six-month lows against the dollar as the sell-off continued for a 10th week, leaving analysts wondering if there is any prospect of relief.
The US dollar increased its gains against all other major currencies and continued to break stronger bullish levels
In the middle of trading this week, gold futures fell below the support level of $1,900 per ounce, driven by the rise of the US dollar and the rise in Treasury bond yields.
The price of the Turkish Lira continues to decline against the US dollar during this week’s trading, as the Turkish currency fell to its lowest level against the dollar ever.