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 NASDAQ 100 initially pulled back a bit during the trading session on Thursday, dipping below the 8400 level.
The Euro has been all over the place during the trading session on Thursday, as we had in ECB interest rate decision and perhaps more importantly an ECB press conference.
The British pound has been all over the place during the trading session on Thursday, as we await the final election results.
The Australian dollar has rallied significantly during the trading session on Thursday, reaching towards the 200 day EMA.
The West Texas Intermediate Crude Oil market will more than likely continue to test the $60 level, as we have seen the market do over the last several days.
The US dollar fell a bit initially to kick off the trading session on Thursday, as the Mexican peso continues to pick up a bit of steam due to the idea that Congress and the White House are come to terms with ratifying the USMCA agreement which is essentially NAFTA 2.0 as far as a trade deal is concerned.
Natural gas markets rally during the trading session on Thursday, filling the gap from the beginning of the week.
Gold markets initially tried to rally during the trading session on Thursday, but as you can see have gotten slapped right back down.
The EUR/USD price of got a new impetus in an attempt for an upward correction with gains pushing it to the 1.1144 resistance, the highest level in more than a month.
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AUDUSD: More bullish above 0.6862
The British pound initially fell during the trading session on Wednesday, reaching down towards the 1.31 level before turning around and showing signs of strength.
After completing the reaction from the announcement of the US Central Bank about its monetary policy decisions, the gold price awaits important events.
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Voting will begin today to decide on who will lead Britain at a very sensitive stage, and determine the fate of the pound as well.
The NASDAQ 100 initially pulled back a bit during the trading session on Wednesday but found enough buyers to turn things around and go reaching towards the 8400 level.