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 euro faced some downward pressure in the recent trading session as the job figures turned out to be hotter than expected.
On Friday, Ethereum's market experienced an initial dip, reflecting the ongoing volatility pervasive across the cryptocurrency landscape.
On Friday, Bitcoin experienced a slight pullback, primarily influenced by the volatile jobs data.
Finding Support at $1.0930.
The US dollar made a swift ascent above the 145 yen level on Friday, fueled in part by a stronger-than-anticipated jobs report that provided some momentum to the move.
Natural gas witnessed a decline on Friday as it neared the 200-day Exponential Moving Average, a technical indicator known for its potential to generate market turbulence.
Gold experienced a slight decline in response to the moderately stronger-than-expected jobs report from the United States, a reaction closely tied to movements in interest rates.
In the West Texas Intermediate (WTI) crude oil market, there has been a notable rally, bringing prices to the upper boundary of the ongoing consolidation phase.
The Australian dollar witnessed an initial downturn during Friday's trading session, but subsequently showed signs of a resurgence.
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The GBP/USD exchange rate bounced back after the relatively strong economic numbers from the UK and the United States.
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.
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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.