The Euro has fallen during the trading session on Friday, as it looks like we are hell-bent on testing the parity level again.
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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 AUD/USD pair has dropped during the Friday session to test the 0.69 level.
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The GBP/USD pair has fallen significantly during the trading session on Friday as we ended the week.
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The US dollar has rallied again during the day on Friday as we continue to see the USD/JPY pair rally rather significantly.
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We have seen strength in the AUD today and the price was able to break up above the former resistance level at 0.6882 which may now act as support.
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The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Friday, as we continue to see a lot of confusion in financial markets overall.
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The BTC/USD price pulled back slightly after last week’s strong sell-off.
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The GBP/USD price crashed to the lowest level since July as the US dollar rose across the board.
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The EUR/USD price continued falling as concerns of a more hawkish Federal Reserve pushed the US dollar to a multi-week high.
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Technical, fundamental, and sentiment Forex and CFD market analysis for the week ahead commencing 22nd August 2022.
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The DAX index gained a little over 15 basis points during the trading session on Thursday, but gave back quite a bit of the gain to form an inverted hammer.
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The Australian dollar rallied a bit during the trading session on Thursday as we continue to see a lot of negativity out there.
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The US dollar has broken to a fresh, new high against the Japanese yen during trading on Thursday, as the uptrend looks to be continuing.
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