The CAC rallied a bit during Parisian trading on Wednesday, but it looks like the €7,350 level continues to be a bit of a barrier.
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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During my daily analysis of the USD/JPY pair, the first thing I noticed is that the US dollar slammed against the 50 Day EMA.
During my daily analysis of the exotic currency pairs, the market that really stood out to me was the US dollar against the Philippine peso.
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During my daily analysis of the USD/CAD pair, the first thing that captures my attention is the 1.40 level below.
During my daily analysis of the NZD/USD pair, the 0.5850 level has come into focus, as we had initially plunged below that level, only to turn around and show signs of life again.
During my daily analysis of the JPY-related currency pairs, the CHF/JPY pair has caught my attention, as it has bounce from a crucial support level.
Bitcoin has finally broken above the big round number at $100,000. The coming hours and days will show whether this breakout will hold or collapse.
The USD/MYR has produced an intriguing couple of weeks via its value range, this as a perception grows that resistance levels are producing reversals lower on occasion.
EUR/USD remains stable near 1.05 with a bearish outlook, as investors eye Powell's comments and US jobs data, targeting support at 1.0440 and resistance at 1.0670.
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Gold holds steady at $2,650 as markets anticipate Fed signals and US jobs data, with a continued upward trend targeting $2,700 resistance.
USD/MYR rallies toward 4.50 resistance with potential for a bullish breakout, supported by broader dollar strength and technical indicators.
USD/CAD grinds higher, supported at 1.40, with a potential test of 1.42 resistance as inflation and PMI data favor the US dollar over the loonie.
USD/CHF trades sideways between 0.88 and 0.8950, with traders eyeing upcoming US economic data for potential breakout cues.
Gold consolidates near the 50-day EMA as markets await key US economic data, with the long-term uptrend supported by geopolitical factors and central bank buying.
Bitcoin consolidates near $100K, with pullbacks viewed as buying opportunities and a potential breakout targeting $110K in the near term.