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 downward pressure on the GBP/USD pair during last week's trading pushed it towards the 1.2265 support.
Despite the EUR/USD attempt to avoid more downward pressure benefiting from the weak results of the US jobs report in the Corona era, the trend still supports more losses, as the pair fell towards the 1.0766 support, its lowest in two weeks.
India faced its last contraction in 1980 with a 5.2% decrease. Before that, only four other annualized recessions were reported, three of them below the 1.0% mark.
AUD/USD: Will 0.6500 area hold as support?
USD/JPY: Resistance at 107.34 looks pivotal
BTC/USD: Tested 2-week low price
GBP/USD: Moving in wide swings
EUR/USD: Support at 1.0814 looks strong and pivotal
The silver market has rallied a bit during the trading session on Friday before given back some of the gains near the $16.00 level.
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The German index had a bullish session during the day on Friday, as did all stock markets that we follow.
The NASDAQ 100 has broken higher during the trading session on Friday, making a new high for the year.
The S&P 500 has rallied quite nicely during the Friday session, despite the fact that the United States printed a job loss of 20.5 million,
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The British pound rallied a bit during the trading session on Friday, reaching towards the 50 day EMA before pulling back a bit from the indicator.
The Euro rallied a bit during the trading session on Friday but gave back quite a bit of the gains in order to form a bit of a shooting star.