The S&P 500 has pulled back a bit during the trading session on Thursday but did see some buyers come back in later in the day. That is a good sign as a lot of institutional players will place their positions late in the session.
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
The NASDAQ 100 has been all over the place during trading on Tuesday, but the one thing that it continues to show is that people are willing to jump in and take advantage of value.
AUD/USD: 0.6706 remains a pivotal point
Top Regulated Brokers
USD/JPY: Close to 9-month high price at 110.28
The Euro has broken down significantly during the trading session on Tuesday, slicing through the 1.08 level during the day.
The West Texas Intermediate Crude Oil market has fallen rather significantly during the trading session on Tuesday, only to find buyers again.
The British pound went back and forth during the trading session on Thursday, as the market try to reach towards the 50 day EMA during the day, but then broke down to reach towards 1.30 level.
The Australian dollar broke down significantly during the trading session on Tuesday, slicing through the 0.67 level yet again.
The FTSE 100 has gone back and forth during the trading session on Tuesday, as the market had initially dropped below the 200 day EMA in the futures market to reach down towards the 7300 level.
Bonuses & Promotions
Natural gas markets exploded to the upside during the trading session on Tuesday as traders came back to work.
Gold markets rallied a bit during the trading session on Tuesday, breaking above the $1600 level.
BTC/USD: Bulls taking control of $10k
After the massive rally in the XRP/USD came to an abrupt halt this weekend, eliminating excessive bullishness, this digital asset found stability at its short-term support zone.
2019 resulted in the worst economic performance for Mexico since 2009, and Finance Minister Herrera is urging financial markets to be more optimistic for 2020.
Yesterday’s ZEW data disappointed, confirming the German economy, and the Eurozone as a whole, are on a weaker footing that market participants priced into their portfolios.