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 initially tried to rally on Thursday but continues to see a lot of resistance at the 1.14 handle.
The Mexican peso got absolutely crushed during trading on Thursday, as there was a major “risk off” move around the world.
The Australian dollar has broken down significantly during the trading session on Thursday, ripping through the bottom of several candlesticks that had led the market up to this area.
The US dollar has fallen a bit during the trading session on Thursday, breaking below the ¥107 level.
Brazil’s government stopped publishing Covid-19 data and took down the official website.
The NASDAQ 100 has broken down significantly during the trading session on Thursday, wiping out the 10,000 level like it was not even there.
The British pound has broken down significantly during the trading session on Thursday, slicing through the 200 day EMA.
The S&P 500 has gotten absolutely crushed during the trading session on Thursday as we continue to see a lot of negativity.
The FTSE 100 got absolutely crushed during the trading session on Thursday, slicing through the 50 day EMA.
Bonuses & Promotions
The silver markets have gone back and forth during the trading session on Thursday, initially gapping much higher but then falling hard.
The West Texas Intermediate Crude Oil market has broken down significantly during the trading session on Thursday, as we have seen a lot of selling pressure across the risk spectrum
The gold markets have rallied significantly during the trading session after gapping higher, but then pulled back quite a bit.
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Sign up to get the latest market updates and free signals directly to your inbox.For the first time in three months, the GBP/USD price is moving towards the 1.2812 resistance, amid a strong retreat of the US dollar against other major currencies.
The Australian dollar has rallied over the last several months in an almost straight line, but it continues to hang around the 0.70 level, looking for some type of long-term direction.
The recent pressures on the US currency contributed to a stronger bear control on the USD/JPY performance, where its losses reached the 106.93 support at the time of writing.