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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ETH/USD skidded to short-term lows late last night and is traversing a range which may make bullish speculators more nervous.
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The Bitcoin market initially tried to rally on Friday but gave back early gains to form a shooting star.
The Australian dollar rallied a bit on Friday as the 0.73 level continues to be important.
The gold markets rallied significantly on Friday but gave back the gains to show signs of exhaustion.
The British pound initially tried to rally on Friday but gave back gains as we approached the 50-day EMA.
The euro rallied initially on Friday but continues to find massive amounts of selling pressure above.
The NASDAQ 100 fell significantly on Friday, but you should keep in mind that it is “quad witching”, meaning that several options are expiring at the same time.
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The US dollar initially fell against the Canadian dollar on Friday but then turned around to show signs of strength again.
The West Texas Intermediate Crude Oil market fell a bit on Friday, but as you can see, we have turned around to show signs of strength again.
The EUR/USD declined sharply as investors reflected on the rising risks in the market and mixed economic data.
The AUD/USD pair declined sharply as investors continued watching the falling iron ore prices.
The S&P 500 fell a bit on Friday as the quad witching came and went.
The FTSE 100 gapped slightly lower on Friday only to turn around and reach towards the 50-day EMA.