The Australian dollar has shot higher during the trading session on Thursday after initially falling.
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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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The British pound initially pulled back during trading on Thursday but then shot through the 1.10 level to show signs of a trying to turn things around.
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The Euro has rallied a bit during the trading session on Thursday, breaking above the 1.10 level.
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The S&P 500 has initially pulled back during the trading session on Thursday but found enough support near the 2400 level to turn around and rally
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The NASDAQ 100 initially pulled back during the trading session on Thursday only to turn around and show signs of strength yet again.
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The Japanese yen strengthened significantly against the US dollar on Thursday, after seeing several hammers print in a row reaching towards the upside.
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Following the initial meltdown, this cryptocurrency pair was able to recover into the top range of its short-term resistance zone.
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Singapore delivered a massive second economic stimulus worth S$48 billion.
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Silver markets went back and forth during the trading session on Thursday, showing signs of strength initially but then giving back the gains.
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Gold markets have gone back and forth and choppy trading during the trading session on Thursday, as we try to figure out where we are going next.
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The German index initially fell during the trading session on Thursday, reaching down towards the bottom of the candlestick from the Wednesday session.
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The West Texas Intermediate Crude market has pulled back just a bit during trading on Thursday, as we continue to see $25 offer significant resistance.
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After the UK released disappointing retail sales for February, the GBP/ZAR continued its recovery on the back of weakness in the South African Rand.
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Covid-19 cases in the US have surpassed those in China. President Trump has vowed to force the economy open by April 12th,
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Australia and New Zealand have announced economic relive packages, while bot central banks announced quantitative easing measures after slashing interest rates to 0.25%.
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