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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For West Texas Intermediate (WTI) Crude Oil, Thursday's trading demonstrated a robust yet steady climb, even amidst clear market fluctuations.
The GBP/JPY retreated marginally in Thursday's trading session, signaling slight hesitancy.
The month of September will be very much the same game that we have been seeing for the last several months preceding it
The NASDAQ 100 is an indicator of risk appetite that a lot of people will be following closely for September.
The S&P 500 has had a very noisy month for August, but at the end of the day, this is a market that is still in an uptrend.
The negativity of the results of the latest American economic data brought some losses to the US dollar, which allowed the EUR/USD currency pair to rebound higher.
The recent pressures on the US dollar helped the price of gold XAU/USD in the upward rebound with gains passing the resistance level of $1949 per ounce.
For four trading sessions in a row, the price of the GBP/USD currency pair moves in an upward rebound path with gains extending to the 1.2746 resistance level.
Since the start of trading this week the price of the currency pair USD/JPY has been subject to selling operations, pushing it towards the level of 145.55.
Bonuses & Promotions
The USD/JPY encountered downward pressure in Wednesday's trading session, primarily attributed to the consistent release of lackluster economic data from the United States.
The GBP/USD showcased a modest rally within Wednesday's trading session, successfully reaching the 50-Day Exponential Moving Average indicator.
The West Texas Intermediate (WTI) Crude Oil market demonstrated a measured increase during Wednesday's trading session, characterized by a backdrop of perceptible market turbulence.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/JPY displayed a notable surge in Wednesday's trading session, a move punctuated by breaking above the ¥185 level—a conspicuous, rounded figure with psychological significance.
The AUD/USD demonstrated a bullish tone throughout Wednesday's session, largely influenced by the ongoing moderation in United States economic indicators.
The NZD/USD has traded slightly lower in the past handful of hours, but the price movement of the currency pair follows a high not seen since the 11th of August.