Gold markets have fallen rather hard during the trading session on Thursday, as the CPI numbers have come out much hotter than anticipated.
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 global markets were all over the place during the trading session on Thursday, and as the United States release CPI numbers running twice as hot as anticipated, it looked like things were going to get out of hand.
The AUD/USD plunged initially during the trading session as we have seen a lot of volatility in the currency markets overall.
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The EUR/USD initially fell during trading on Thursday as the downtrend continued.
Ethereum had a rough session on Thursday, as the US dollar spiked after a massive amount of volatility entered the market due to the CPI number being released at 0.4% month over month, instead of the anticipated 0.2%.
The GBP/USD has rallied significantly during the trading session on Thursday, but it’s also worth noting that we have been all over the place.
The BTC/USD plunged during the trading session on Thursday to reach down toward the $18,000 level.
July exceeded expectations. The proceeds of foreign investment flows into the country rose to record 573 million dollars, in conjunction with the increase in foreign exchange reserves by 10.8 billion dollars.
The Dow Jones Industrial Average returned to decline in its recent trading at the intraday levels, to record losses in its last session.
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Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels, to achieve daily gains until the moment of writing this report.
The USD/JPY took off during the trading session on Wednesday as Kuroda reiterated the Bank of Japan’s desire to keep interest rates down.
The AUD/USD has had a relatively quiet trading session on Wednesday, as we are hanging about the 0.6550 level.
The EUR/USD has fallen again during the trading session on Wednesday, after forming an inverted hammer on Tuesday.
Since the minutes of the last meeting of the US Federal Reserve did not bring anything new to the financial markets, as the bank is still determined to continue raising US interest rates
Since the middle of this week's trading, the British pound is close to recognizing the losses it incurred last night after Andrew Bailey, Governor of the Bank of England,