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
AUDUSD analysis: less bullish but supported at 0.6963
USDJPY: Bearish consolidation under 108.51
Bitcoin: Bullish above $7,871
USDCAD: Possible long-term bottom at lows of range
USDCHF Analysis: Dollar finally bounces back against risk
The Euro initially shot higher during trading on Wednesday, reaching as high as 1.1320 or so, but then turned right back around to slice through the 1.1250 level.
The US dollar went back and forth during the trading session on Wednesday, testing the range that we have been in over the last couple of days rather violently.
The S&P 500 rallied significantly during the trading session on Wednesday, as we are testing the bottom of an uptrend line that previously had been so important.
The WTI Crude Oil market fell rather hard during the trading session on Thursday as we continue to get horrible inventory figures.
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GBPUSD: British Pound relatively weak
The US dollar initially fell against the Japanese yen, breaking below the ¥109 level.
Gold markets rallied significantly during the trading session on Wednesday, slamming into the crucial $1350 level.
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NZDUSD analysis: Bullish breakout above 0.6636
AUDUSD analysis: more bullish above 0.6990