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.
Most Recent
The S&P 500 has been all over the place during the week, and what has been a massive amount of volatility driven by the US/China situation, central banks in Asia doing surprise interest rate cuts, and then of course the Federal Reserve outlook.
NZDUSD: Sold from 0.6500
AUDUSD: Top in place above 0.6800
USDJPY: Bearish below 105.83.
Bitcoin: Bearish wedge supported by $11,112
USDCAD: Bearish retracement to 1.3185?
USDCHF Analysis: 0.9700 continues to hold as support
GBPUSD: Bearish below 1.2088
EURUSD: Ranging from 1.1163 to 1.1244
Bonuses & Promotions
The Australian dollar went back and forth during the trading session on Friday, dancing around the 0.68 handle.
The US dollar fell a bit during the trading session on Friday, reaching down below the ¥105.50 level.
Gold markets have had a strong week or so, but as we are just above the $1500 level, it’s likely that we are going to pull back a bit as the market tries to come to grips with the idea of being above that level.
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