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 NASDAQ 100 has broken significantly higher during the trading session on Thursday to break above the 50 day EMA
The WTI Crude Oil market initially tried to rally during the trading session on Thursday but gave up the gains again as we continue to see a lot of downward pressure in the crude oil market.
The FTSE 100 initially pulled back just a bit during the trading session on Thursday but then turned around to show signs of strength.
The S&P 500 has pulled back a bit during the course of the trading session on Thursday to find significant support just above the 50 day EMA.
The US dollar has fallen again during the trading session on Thursday against the Canadian dollar, as we continue to pressure the $1.20 level.
The Euro has rallied a bit during the trading session on Thursday to reach towards the 1.22 handle, an area that we have seen a significant amount of resistance over the last couple of days.
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The British pound has recovered nicely during the trading session on Thursday to reach towards the 1.4180 level, which of course is just below the 1.42 handle.
The Australian dollar has rallied again during the trading session on Thursday as we continue to see the 50 day EMA offer a significant amount of support.
Bitcoin markets were a bit choppy during the trading session on Thursday as Janet Yellen suggested that perhaps more stringent IRS actions may be needed against crypto markets
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Sign up to get the latest market updates and free signals directly to your inbox.Gold markets initially went back and forth during the trading session on Thursday as we are trying to figure out whether or not we can continue to go higher.
In the last five trading sessions in a row, the gold price succeeded in benefiting strongly from the decline of the US dollar
We noticed a strong activity for the US dollar against the Japanese yen yesterday, as the bulls tried to break the strong downtrend of the currency pair.