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 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 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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Canada’s economy began the Covid-19 pandemic and collapse in oil prices on a vulnerable foundation.
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Despite the USD/JPY attempts of a lower correction for two trading sessions in a row, the pair is still moving inside its upward channel, and the correction is temporary because all factors still support the continuation of its gains.
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Before the announcement of the most important US economic data for this week.
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