The Euro rallied a bit during the trading session initially on Friday but then turned 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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USD/JPY: Low volatility in this currency pair
The Australian dollar initially rallied during the trading session on Friday but gave back significant gains in order to form a bit of a shooting star.
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The S&P 500 has gone back and forth during the trading session on Friday as the quadruple witching session always causes mass chaos.
Brent Crude has not experienced the fire storm of its closely correlated trading cousin WTI, West Texas Intermediate.
BTC/USD: $9,500 area looks very decisive
GBP/USD: Strong pivotal point likely at 1.2456
Brazil and the US are leading the total global Covid-19 count, as well as new daily infections.
Global Covid-19 infections are surging to new daily records, led by the US.
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India and China are attempting to defuse the border conflict at Galwan River valley peacefully after a brawl left dozens of troops dead.
Australia is heading towards an economic collapse unless the government maintains its present support.
The value range of the USD/ZAR continues to deliver a known trading range which speculators may find opportunistic and worthy of taking positions.
EUR/USD: Bearish head & shoulders pattern completed
Safety means a lot to traders particularly as the weekend approaches.
Silver markets have rallied a bit during the trading session on Thursday as we continue to see strength in precious metals markets overall.