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 BTC/USD price remained on edge as traders continued waiting for the upcoming spot Bitcoin ETF decision by the Securities and Exchange Commission (SEC).
The AUD/USD exchange rate crawled back as traders reflected on the strong US jobs report published on Friday.
Coffee cash prices via the ICE Exchange dropped last week and the price for the commodity is now bumping against lower values not seen since the second week of December.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
The EUR/USD traded in a rather turbulent fashion the past week.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 7th, 2024 here.
WTI Crude Oil finished last week’s trading within sight of its weekly high, and as full trading volumes gets set to return in the coming days traders face an intriguing market.
The first week of 2024 saw a strong market reversal in favor of risk-off assets such as the US Dollar, while stock markets fell quite sharply for most of the week.
The crude oil market made an initial attempt to rally during Thursday's trading session but encountered resistance.
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The Nasdaq 100 dropped a bit early on Thursday as we continue to see a bit of profit taking overall.
Silver exhibited minimal activity during the early hours of Thursday, reflecting a market grappling with uncertainty about its next move.
The S&P 500 exhibited limited activity during Thursday's trading session, maintaining a position near the 4,700 level.
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In the recent trading session on Thursday, Bitcoin exhibited a rather stagnant performance, with minimal activity.
The Euro displayed a slight uptick during Thursday's trading session, breaking above the 1.0950 level earlier in the day.