The Bitcoin market broke down during the trading session on Friday again, as the market dropped below the 200-day EMA.
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 AUD/USD pair is still under pressure after the Fed decision and after commodity prices continued to drop.
The EUR/USD pair remained under pressure on Monday as investors continued to react to the latest Federal Reserve decision and the spreading Delta variant.
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The gold market gapped lower to kick off the trading session on Thursday, and then turned around to break down quite significantly.
The NASDAQ 100 initially sold off during the trading session on Thursday as traders continue to throw tantrums about the Federal Reserve and their plans of possibly tapering a bit
The Parisian index continues to show bullish pressure as we have reached towards the 6678 handle, in what has been a very bullish day.
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The German index gapped lower to kick off the trading session on Thursday, but as you can see, we have recovered the complete loss, and have even closed at the very top of the range.
The S&P 500 initially pulled back a bit during the course of the trading session on Thursday to reach down below the 4200 level.
The Euro has broken down significantly during the trading session on Tuesday to reach down towards the 200 day EMA.
The British pound has walked back the entire bullish move over the last couple of months
The US dollar has rallied quite nicely during the trading session again on Thursday, as we continue to see the reaction from the Wednesday press conference out of Jerome Powell.
The bitcoin market rallied a bit during the trading session on Thursday, but as you can see, we have failed at the $40,000 level yet again.