The FTSE 100 fell initially during the trading session on Thursday but found enough support at the 6400 level to turn around to show signs of strength.
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 British pound initially fell during the trading session on Thursday, reaching down towards the 1.36 level before turning around and rallying significantly.
The NASDAQ 100 did rallied significantly during the trading session but has given up quite a bit of the strength during the day.
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The Australian dollar has pulled back significantly and turned around to show signs of support again, in the form of a hammer.
The US dollar initially rallied against the Canadian dollar during trading on Thursday but has found resistance above the crucial 1.28 handle.
Gold markets initially tried to rally during the trading session on Thursday, but then ran into a bustle of resistance near the 50 day EMA.
Bitcoin markets fell to reach down towards the $30,000 level on Thursday but have turned around quite decisively to not only rally but close off the very high of the day.
The crude oil markets still continue to go sideways overall, as we tried to rally initially during the trading session but gave back the gains.
The USD/JPY pair jumped to the 104.20 resistance level after a downward stability around the 103.58 support level before the announcement of the Federal Reserve's monetary policy.
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The US dollar recovered after the Federal Reserve announced its monetary policy decisions, which contributed to gold's decline to the $1832 level before stabilizing around $1845 at the beginning Thursday's session.
The GBP/USD has been subjected to downward pressure that pushed it towards the 1.3660 support level, stabilizing around 1.3685 at the start of Thursday's session.
The EUR/USD is still within a downward correction range, having plummeted to the 1.2058 support level in yesterday's session before settling around the 1.2100 level as of this writing.
The Nikkei 225 opened trading today with a gap lower and then exhibited an inability to substantially produce a gain after the decline.
The USD/SGD continues to prove short term bullish sentiment remains intact.
The USD/ZAR has certainly seen short term bullish momentum continue to show its teeth the past week after reversing from lows made on the 21st of January near 14.73000.