The West Texas Intermediate Crude Oil market fell a bit during the trading session on Friday but remains within the range of the Thursday session.
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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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Gold markets have had a wild ride over the last 24 hours, initially dipping down towards the $1760 level before rallying significantly to form quite a bit of a hammer.
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Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of June 29-July 3, 2020 here.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of June 28, 2020 here.
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Start the week of June 29, 2020 with our Forex forecast focusing on major currency pairs here.
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Growth forecasts for the German economy have been revised lower, following a series of global GDP adjustments to the downside.
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The US dollar has rallied a bit during the trading session on Thursday to reach towards the ¥107.50 level.
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The British pound has rallied a bit during the trading session on Thursday but found quite a bit of resistance near the 50 day EMA as we ended up pulling back a bit.
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The Euro fell a bit during the trading session on Thursday but found quite a bit of support near the 1.12 level yet again,
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The US dollar initially pulled back a bit during the trading session on Thursday, reaching down towards the 50 day EMA.
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The Australian dollar went back and forth during the trading session on Thursday as we continue to see a lot of noise in this general vicinity.
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The S&P 500 broke down significantly during the trading session on Thursday, reaching down towards the crucial 3000 level during the Globex session.
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The NASDAQ 100 initially fell during the trading session on Thursday during the Globex session but found plenty of support near the 9900 level to turn around and rally.
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The silver markets have rallied a bit during the trading session on Thursday again, as we continue to see buyers every time this market dips.
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The West Texas Intermediate Crude Oil market initially fell during the trading session on Thursday, but then turned around to show signs of life again.
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