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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BTC/USD: New higher support at $4,912
The Euro fell initially during the trading session on Tuesday, slicing through the 1.10 level rather handily.
Some optimism has returned to the financial markets after the recent actions by the United States of America to face the consequences of the Coruna epidemic and its threat to global economic growth.
For 6 consecutive trading sessions, the GBP/USD pair has been in a free fall pushing it towards the 1.2000 psychological support during yesterday's trading.
The Australian dollar has plummeted during the trading session on Tuesday, slicing below the 0.60 level during the day.
British pound traders had a wild ride during the trading session on Tuesday, as the market reached all the way down towards the 1.20 level before bouncing significantly.
The downward pressure on the EUR/USD pair increased during yesterday's trading session.
The S&P 500 fell a bit during the trading session initially on Tuesday during Globex trading, but at the end of the day we found buyers below at 2400.
The NASDAQ 100 rallied a bit during the trading session on Tuesday, reaching towards the 7500 level.
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The US dollar rallied a bit during the trading session on Thursday, reaching towards the ¥108 level, an area that has been resistance previously.
Most foreign travel into the European Union is banned for thirty days as the EU shut its external borders.
GBP/USD: U.K. coronavirus strategy reversal in focus
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Switzerland announced CHF10 billion in assistance to small businesses and employees as Covid-19 has crippled the supply chain
While financial markets are faced with the most significant stress since the global financial crisis of 2008, the cryptocurrency sector is trapped in the middle of capital outflows.