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.
Most Recent
The Euro fell rather hard during the trading session on Friday, as we have broken down towards the 50 day EMA.
The British pound has pulled back a bit during the trading session on Friday to show signs of exhaustion.
The DAX Index has delivered a barrage of short-term volatility, but today’s trading may prove to actually be rather cautious.
The US dollar rallied a bit against the Indian rupee during the trading session on Friday but then gave back the gains and ended up forming a bit of an inverted hammer.
The AUD/USD is under pressure today because of the overall strong US dollar and the mixed economic data from China.
Slight bullish bias over the short-term
After reaching a high of nearly 1342.00 on the 10th of January and then experiencing a strong wave of selling, ETH/USD has incrementally traversed higher again.
Early signs of price bottoming out
The US dollar has rallied a bit during the trading session on Friday to reach towards the 50 day EMA against the Brazilian real.
Bonuses & Promotions
The West Texas Intermediate Crude Oil market has pulled back a bit during the trading session on Friday, but I think this has been needed.
The USD/ARS remains on a perilous road higher as its bullish trend remains unchecked and with no signs signaling a change of track.
The NASDAQ 100 fell a bit during the course of the trading session on Friday as we continue to see the markets show quite a bit of volatility.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The Australian dollar has pulled back from the highs again during the trading session on Friday as we continue to see the market graduate in general.
The S&P 500 has fallen a bit during the trading session on Friday as traders are concerned about whether or not Joe Biden will get his $1.9 trillion in stimulus,
Bitcoin markets initially tried to break above the $40,000 level during the trading session on Friday but gave back the gains to break down significantly and reach towards the $35,000 level.