The NASDAQ 100 has rallied again during the trading session on Thursday, to break out to all-time highs.
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 West Texas Intermediate Crude Oil market has bounced ever so slightly during the trading session on Thursday, which is a good sign.
US dollar has fallen a bit against the Canadian dollar during the trading session on Thursday, to reach down towards the previous uptrend line.
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Bitcoin has had a rather choppy and volatile session on Thursday, as we initially reach down towards the 50 day EMA only to find buyers in that area.
The Euro initially tried to rally on Thursday but gave back the gains as we continue to see a bit of a struggle when it comes to the upward momentum.
The British pound has rallied a bit during the course of the trading session on Thursday, bouncing from the 50 day EMA yet again.
The USD/ZAR price is attempting to rebound after it dropped to the lowest level in a month on Wednesday.
The USD/BRL is stuck in a horizontal range even after the relatively hawkish Brazilian Central Bank (BCB).
Between the continuation of investors to buy safe havens, with fears of the rapid spread of the Corona Delta variable, the price of gold succeeded in moving strongly upwards to the resistance level of 1832 dollars an ounce.
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After a strong bearish momentum recently, the price of the USD/JPY currency pair pushed down to the 108.72 support level, the lowest in more than two months.
Yesterday, the forex currency market witnessed some activity, in contrast to the quiet performance in the beginning of trading.
The gains of the GBP/USD currency pair stopped at the resistance level of 1.3958 during yesterday's trading, and settled around the 1.3880 level.
The DAX Index rallied a bit during the trading session on Wednesday as the 50-day EMA continues to offer a significant amount of support.
The FTSE 100 rallied again during the trading session on Wednesday only to turn around and sell off to form a bit of a shooting star.
Bitcoin rallied again during the trading session on Wednesday as the market continues to look at the $40,000 level as a major barrier above.