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 during the trading session on Thursday, reaching towards the 1.0750 level, an area that I think is rather supportive.
The US dollar initially fell during the trading session on Thursday but found enough support below the ¥107 level to turn around and show signs of strength.
The Australian dollar has fallen rather hard during the trading session on Thursday as it reached towards the 50 day EMA.
The S&P 500 has broken down a bit during the trading session initially on Thursday, especially in the Globex session as futures traders bet on further weakness.
The NASDAQ 100 has pulled back a bit during the trading session on Thursday but shown an extreme amount of resilience to break above the 9000 handle.
The British pound has broken down significantly during the trading session on Thursday but then bounced to show significant support.
Silver markets have broken above the $16 level during the trading session on Thursday, clearing the top of the rectangle that I have marked on the chart.
The West Texas Intermediate Crude Oil market has rallied significantly during the trading session on Thursday, slicing through the 50 day EMA
Based upon the action that we have seen during the trading session on Thursday in Bitcoin, it looks as if we are trying to carve out a new range.
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Gold markets broke out during the trading session on Thursday, as we are finally cleared the top of the symmetrical triangle that had been forming for quite some time.
Expectations for a V-shaped recovery by this summer, which were severely disconnected from fundamentals, are quickly evaporating.
Singapore is preparing for a post-Covid-19 economy, where consumer behavior will be changed, more employees opt to work from home
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Sign up to get the latest market updates and free signals directly to your inbox.The series of negative US economic data results has not ended yet.
The pressure on the USD/JPY, continued until it reached the 106.75 support, giving up gains of the last two trading sessions,
Los datos económicos del Reino Unido publicados ayer sorprendieron al alza pero confirmaron el masivo impacto negativo de la pandemia del Covid-19.