The BTC/USD price is still in a tight range as investors wait for the next catalyst.
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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 EUR/USD was little changed in the Asian session as traders weighed the strong US recovery and the upcoming European Central Bank (ECB) decision.
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The AUD/USD pair retreated to the lowest level since December last year as Australia continued seeing a new wave of coronavirus.
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The pair will likely keep falling as bears target the next key support at 1.3700.
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The German index pulled back during the trading session on Thursday as the 15,800 level continues to be a major issue for the DAX.
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The S&P 500 has pulled back a bit during the trading session on Thursday, perhaps in reaction to the yields falling in the 10 year note, as they dropped below the 1.3% level.
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The Parisian index has fallen a bit during the course of the trading session on Thursday as we continue to see quite a bit of risk out there when it comes to the global growth situation
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The West Texas Intermediate Crude Oil market has fallen a bit during the course of the trading session on Thursday, reaching down towards the $71.50 level,
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The NASDAQ 100 initially tried to rally again during the day on Thursday, but then pulled back significantly to break towards the uptrend line that I have drawn on the chart.
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The Euro initially tried to rally to kick off the trading session on Thursday but gave back the gains as we ended up falling towards the 1.18 level again.
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Bank of England member Saunders stated earlier in the session that perhaps the Bank of England would have to raise rates sooner than anticipated,
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The Australian dollar has fallen significantly again during the course of the trading session on Thursday, as we are rapidly approaching the 0.74 level.
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