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
USD/JPY: Dollar stronger safe haven than Yen
Bitcoin initially surged during the opening hours on Friday, but as I had been talking about previously, the first major resistance barrier was going to be at the $7000 level.
The US dollar initially fell during the trading session on Friday but found enough support underneath the turn things around and show signs of life.
The NASDAQ 100 shot higher during the trading session on Friday but gave back the gains as the market get closer to the 7600 level.
The Australian dollar initially tried to rally during the trading session on Friday but found a lot of resistance near the 0.60 level as one would expect.
The S&P 500 has had a rough trading session on Friday but that shouldn’t be a huge surprise considering that the session was also the “quadruple witching Friday
The Euro initially tried to rally during the trading session on Friday, reaching as high as 1.08 and above.
The British pound had a nice rally during the trading session on Friday but gave back a significant portion of the gains.
Gold markets have had a tough trading session on Friday, but at one point were rather bullish.
Bonuses & Promotions
BTC/USD: Weakly bearish
GBP/USD: New 35-year low price last week
EUR/USD: New 2.5-year low price
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The West Texas Intermediate Crude Oil market initially tried to rally during the day on Friday, reaching towards the $27.50 level before giving back gains
A rush to liquidity boosted the US Dollar, with the US Federal Reserve pumping trillions into the financial system.
Following the initial UK response to Covid-19, regarded as laid back, the government of Prime Minister Boris Johnson kicked into gear.