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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At the end of last week's trading, the price of the British pound fell against the currencies of the euro, the dollar and others, as British retail sales disturbed the economic waters.
The USD/TRY maintained its stability near its highest levels ever, amid the Turkish Central Bank's continued shift in its monetary policy.
The USD/JPY pair has exhibited a minor retreat, yet prevailing indicators suggest the potential for an upward trajectory.
During Friday's trading session, the silver market experienced a noteworthy surge in its price, with the $22.50 level assuming the role of a robust support point.
In the context of the contemporary global energy domain, few sectors command as much attention as natural gas, a focal point accentuated by recent strategic realignments.
The West Texas Intermediate Crude Oil market embarked on an initial attempt to rally during Friday's trading session, pushing against the $80 threshold.
During Friday's trading session, the British pound exhibited modest gains, only to slightly reverse its course, hinting at a potential breakthrough beyond the 50-Day Exponential Moving Average.
Speculators of the USD/ZAR have an intriguing technical perspective to decide upon early this week as the currency pair hovers slightly over the 19.00000 level.
The USD/MXN has fought lower in recent trading after touching a high of nearly 17.20700 on Thursday of last week as risk sentiment in Forex remains fragile.
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The British pound has held quite well against the US dollar than other currencies like the euro and the Australian dollar.
The EUR/USD exchange rate retreat continued, pushing it to the lowest level since July 2nd.
The BTC/USD pair made a strong bearish breakout, leading to Bitcoin’s worst week since the collapse of FTX in November last year.
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The most recent trading session on Friday showcased a modest comeback in the S&P 500, suggesting a short-term attempt at bouncing back.
Within the realm of gold markets, the recent trading session on Friday showcased a modest upswing in value, characterized by a rebound from the 200-Day Exponential Moving Average.