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.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 16th, 2022 here.
The West Texas Intermediate Crude Oil market has initially fallen during the trading session on Thursday, but has found support just above the $85 level, which of course has a certain amount of psychology attached to it.
The S&P 500 has initially plunged during the trading session on Thursday, only to turn around and show signs of life.
The NASDAQ 100 has Lowered to kick off the trading session, only to turn around and show signs of massive volatility.
Gold markets have fallen rather hard during the trading session on Thursday, as the CPI numbers have come out much hotter than anticipated.
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.
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.
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.
