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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GBP/USD: Breakout above medium-term resistance at 1.2515?
EUR/USD: Strong resistance at 1.0968
The US dollar was very quiet during Good Friday against the Japanese yen as one would expect, being a major holiday around the world.
The Euro rallied slightly during the trading session on Friday, reaching towards the highs of Thursday during the holiday.
The British pound initially dipped on Friday, but as it was Good Friday there would have been a significant lack of volume.
The S&P 500 initially pulled back during the trading session on Thursday, but on Friday was closed as you would anticipate.
The NASDAQ 100 on Thursday went back and forth to form a neutral candlestick and of course was closed on Good Friday.
The Australian dollar went back and forth during the trading session on Friday as you would expect, with that being Good Friday
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Silver markets were closed on Friday obviously, as it was the Good Friday holiday. However, the Thursday candlestick was very bullish
The coin markets rolled over during the trading session on Good Friday as there would have been a serious lack of volume
The gold markets were closed on Good Friday obviously, but when we look at the Thursday candlestick the close was rather impressive.
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