The BTC/USD pair made strong gains during the weekend as the mood in the market improved after the strong Amazon earnings.
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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 AUD/USD pair attempted to crawl back on Monday morning as investors continued to focus on last Friday’s stellar jobs numbers from the United States.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 7, 2021 here.
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Gold markets have rallied rather significantly during the trading session on Thursday after initially plunging.
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The US dollar has gone back and forth during the course of the trading session on Thursday as we are hanging about the ₹74.70 level.
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Bitcoin had a very quiet session during the trading session on Thursday as the 36,800 level seems to be offering a little bit of stabilization.
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The S&P 500 has fallen apart on Thursday as it has become obvious that central banks around the world have entered a tightening cycle.
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The NASDAQ 100 has gapped lower to kick off the trading session on Thursday, and then fell significantly to crash into the 14,600 level in the futures market.
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The West Texas Intermediate Crude Oil market pulled back a bit initially but then turned around to show signs of strength yet again.
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Dogecoin has been quiet for the last couple of weeks, as we are hanging around the $0.13 level, as the market simply is looking for some type of direction.
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Chainlink has fallen ever so slightly during the trading session on Thursday, but it has recovered its losses to form a small dragonfly doji.
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The British pound has gone back and forth on Thursday to form a bit of a positive candlestick, as we have closed above the 200 day EMA.
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The Euro has broken higher during the course of the trading session on Thursday to break above the 50 day EMA.
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