The Dow Jones Industrial Average jumped in its recent trading at the intraday levels, to achieve sharp gains in its last sessions, by 2.47%, to gain about 748.97 points.
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 USD/BRL went into the weekend around the 15.1610 mark and traders should expect a gap upon the currency pair’s opening this morning as always.
The USD/ZAR has opened with slight bullish movement in early trading this morning as global markets continue to display nervousness.
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The GBP/USD price rose slightly as the market focused on the political situation in the UK and the rising possibility of a recession in the country.
The EUR/USD price continued recovering as investors refocused on the upcoming interest rate decision by the European Central Bank (ECB).
Bitcoin price remained in a consolidation phase as investors waited for the next catalyst.
The AUD/USD price continued rebounding on Monday as the US dollar retreated and after the relatively strong Chinese economic data.
The Euro has initially pulled back a bit during the trading session on Friday, but then shot much higher as the Bank of Japan has intervened in the Forex markets.
The S&P 500 rallied significantly during the trading session on Friday, as US dollar got clobbered due to the Bank of Japan coming out and shorting the greenback.
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The British pound initially fell during the trading session on Friday, as we continue to see a lot of negativity.
The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Friday,
The NASDAQ 100 as rallied significantly during the trading session on Friday, as the 11,000 area has offered support.
The US dollar has gone back and forth against the Japanese yen during the trading session on Friday as the Bank of Japan has intervened.
Gold markets initially drifted toward a major support level in the form of $1620, before turning around and showing signs of strength.
The German index initially pulled back a bit during the trading session on Friday to reach out to the €12,500 level,