The S&P 500 has gapped higher to kick off the trading session on Friday but turned around to sell off quite drastically.
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 NASDAQ 100 formed a nasty candlestick during the trading session on Friday, as we initially gapped higher.
The Ethereum market has done very little during the training session on Friday, as we continue to see the $1600 level offer quite a bit of resistance.
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The BTC/USD continues to struggle to gain any real traction.
As of this writing the USD/CHF is near the 0.98300 mark which is a relatively high value, but slightly under highs demonstrated late last week when 0.98600 was flirted with on Thursday and Friday.
The AUD/USD price moved sideways on Monday morning as focus shifted to the upcoming interest rate decision by the Reserve Bank of Australia (RBA).
The EUR/USD price continued falling after Russia announced an indefinite closure of the important Nord Stream 1 pipeline.
The BTC/USD price has been in a strong bearish trend in the past few weeks as investors continued worrying about the Federal Reserve.
We have very strong bearish momentum, with lots of bearish concerns about the future of the British economy and an energy crisis in Europe.
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This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching. The first part of my forecast is based upon my research of the past 20 years of Forex prices, which show that the following methodologies have all produced profitable results.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of September 4th, 2022 here.
Start the week of September 4th, 2022 with our Forex forecast focusing on major currency pairs here.
The West Texas Intermediate Crude Oil market has fallen again during the trading session on Thursday, as it looks like we are seeing a lot of jitters before the jobs number.
The CAD/JPY rallied on Thursday as it looks like we are getting ready to attempt a breakout.
The S&P 500 had an interesting session on Thursday, dipping below the 3950 level.