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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EURUSD: Strong recovery from 1.1030
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The Euro has fallen pretty hard during the trading session on Thursday, only to turn back around and bounce.
The NASDAQ 100 has had a rough session during Thursday, initially shooting higher and actually breaking above the 8000 handle.
West Texas Intermediate Crude broke down rather significantly during the trading session on Thursday, slicing down towards the $55 level.
The British pound initially fell during trading on Thursday, but then turned around of form a bit of a hammer late in the day.
The natural gas markets have initially tried to rally during the trading session on Thursday but have rolled over rather significantly at the 50 day EMA
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The Australian dollar has had a major turnaround during the trading session on Thursday, initially breaking above the 0.6850 level, but then turned around to break down towards the 0.68 level underneath.
The US dollar has pulled back significantly after initially trying to rally during the Thursday session.
The US dollar has rallied a bit during the trading session on Thursday, reaching towards the 19.25 pesos level.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 gapped a bit lower during the trading session on Thursday to kick everything off, found buyers to turn around and break above the 3000 handle, and then broke down rather massively.
Gold markets exploded to the upside after initially pulling back on Thursday due to Donald Trump tweeting yet again.
As expected, the US Federal Reserve cut US interest rates by a quarter point, despite that the US dollar recorded strong gains against other major currencies, as the vote on the cut was not unanimous among the bank's monetary policy members.