The Euro has rallied a bit during the trading session on Thursday to reach the 50 Day EMA again.
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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Solana markets have fallen a bit during the trading session on Thursday to reach as low as $42.
The West Texas Intermediate Crew Oil market rallied during the training session on Thursday to slam into the $115 level.
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Bitcoin initially fell during the trading session on Thursday, reaching down toward the $28,000 level.
Gold markets have fallen initially during the trading session on Thursday but turned around to show signs of life again.
Litecoin markets have fallen a bit during the trading session on Thursday to reach the $60 level.
We expected that the gains in the EUR/USD price would be temporary, as the price jumped towards the 1.0748 resistance level, following new tightening comments by European Central Bank Governor Lagarde.
Fed officials agreed at their meeting this month that they need to raise US interest rates by half a point in their next two meetings
Despite the attempts of an upward correction in the price of the GBP/USD currency pair, analysts warn that the pound is set for a summer of weakness against the euro, the dollar, and other major currencies.
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For the second day in a row, the price of gold is exposed to selling operations with losses to the support level of $1842 an ounce and bouncing back from the resistance level of $1870 an ounce.
The Turkish lira continued its losses to become the worst performing currency during the current year.
The Dow Jones Industrial Average continued to rise during its recent trading at the intraday levels, to achieve gains for the fourth consecutive session, by 0.60%, to add 191.66 points to it.
DOT/USD has continued to fall and is traversing extremely important support levels in early trading this morning as buyers seem to have disappeared.
AVAX/USD has seen its value slide in early trading this morning, as the cryptocurrency fell through the key support and continued to stumble.
The US Dollar is likely to be the key price driver today.