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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1.3653 looks likely to be a very pivotal point.
The West Texas Intermediate Crude Oil market has rallied over the last couple of days, but Friday was a bit different as we pulled back.
The US dollar rallied a bit during the trading session on Friday but continues to see a lot of resistance near the 50-day EMA against the Canadian dollar.
The market looks as if it is simply trying to work off the froth, perhaps offering an opportunity for the market to continue going higher.
The S&P 500 initially pulled back during the trading session on Friday but then turned around to take out the 4100 level.
The NASDAQ 100 initially fell during the trading session on Friday but then turned around to form a bit of a hammer-shaped candlestick.
The gold markets initially fell during the trading session on Friday but then turned around to show signs of life at the bottom of the range of the candlestick from Thursday.
The Australian dollar initially fell during the trading session on Friday but then turned around to show signs of life again.
Bitcoin markets have rallied slightly during the trading session on Friday but still struggle with the idea of breaking above the $60,000 level.
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The British pound fell significantly during the trading session on Friday again, only to turn around and form a bit of a hammer.
The euro initially fell during the trading session on Friday, but then turned around to form a bit of a hammer.
The AUD/USD price dropped by 0.30% in early trading as top commodity prices dropped and as Australia abandoned its vaccination schedule.
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Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD declined slightly as traders refocused on the US inflation numbers set to be released on Tuesday and the rising coronavirus cases in some US states.
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