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
Natural gas markets witnessed a slight rally on Friday, hovering around the 50-Day Exponential Moving Average.
Silver experienced a back-and-forth trading session on Friday, hovering around the $25 level.
The S&P 500 displayed continued upward momentum during Friday's trading session.
The euro's upward momentum encountered resistance on Friday, following a remarkable surge over the past few days.
The British pound experienced a mixed trading session on Friday, as it oscillated within a critical level against the Japanese yen at ¥180.
The US dollar experienced initial weakness during Friday's trading session, briefly breaking down before displaying signs of recovery around the critical ¥138.
The British pound showed limited movement on Friday, as upward momentum persisted.
The Crude Oil markets have recently experienced periods of volatility, primarily triggered by their retracement from the 200-Day Exponential Moving Average.
During Friday's trading session, the Australian dollar attempted to break above the 0.69 level but encountered resistance, leading to a slight pullback.
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Bitcoin remained above the support level of $30,000 even after several important events that happened last week.
The GBP/USD price exchange continued rising as the US dollar index (DXY) dropped below the important support of $100.
The EUR/USD exchange rate continued its relentless bull run as bets of an upcoming Fed and ECB divergence continued.
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