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 British pound initially rallied during the trading session on Thursday to reach above the 1.25 level initially, but then broke down rather significantly.
Boris Johnson officially became Britain's prime minister, and in his first important remarks he said he could conclude a new agreement with the EU and that he would work on all the promises on the Brexit before the October 31 deadline.
The EUR / USD is settling down around 2-month low, reaching to 1.1130 support at the time of writing.
For four consecutive trading sessions, the price of gold is settled in the range between the $1414 support and the $1430 resistance, the price settled around $1424 at the time of writing.
For three consecutive trading sessions, the USD / JPY pair is trading at the 108.28 resistance level, with little change.
NZDUSD: Bearish below 0.6718
AUDUSD: Bearish reversal continues
USDJPY: Bulls still failing to push price higher
The NASDAQ 100 rallied significantly during the trading session on Wednesday, breaking above the 8000 level violently.
Bonuses & Promotions
The WTI Crude Oil market tried to rally during the trading session on Wednesday, reaching towards the 50 day EMA which is on the chart.
Bitcoin has tried to find support during the trading session on Wednesday, reaching down towards the 50 day EMA, as it is sitting right at the uptrend line as well.
The S&P 500 has pulled back a bit during the trading session on Wednesday but found support underneath the psychologically and structurally important 3000 handle.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Natural gas markets have broken down significantly during the trading session on Wednesday, reaching towards the $2.20 level and closing towards the bottom of the overall range.
The US dollar initially fell against the Japanese yen during the trading session on Wednesday but found plenty of buyers near the ¥108 level.
Bitcoin: Bulls testing resistance above $10,000 again