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 US dollar has been drifted lower against the Indian rupee for some time now, but as we drift into September there will be a lot of questions when it comes to whether or not we can continue this move.
The Brazilian real is a very interesting currency to watch, because Brazil has a horrible infection rate when it comes to the coronavirus.
The US dollar has had a rough couple of weeks heading into September against multiple currencies, not just the South African Rand.
The silver markets should continue to be very volatile into the month of September, because there are a massive amount of reasons why this market is moving at the same time.
Gold markets have been rather choppy during the month of August, but that should not be a surprise given a couple of different factors.
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While the thirty components of the DAX 30 source more revenues from outside Germany, the global GDP outlook remains depressed.
With the US Federal Reserve indirectly confirming its weak US Dollar policy, the USD/ZAR was rejected by its downward adjusted short-term resistance zone.
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The US dollar has initially fallen during the trading session on Thursday, perhaps in anticipation of Jerome Powell speaking but the markets were hugely disappointed
The NASDAQ 100 has gone back and forth during the trading session on Thursday, as we are fighting with the 12,000 level.