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.
Forex Daily Forecast, Analysis and Prediction
Forex Daily Forecast, Analysis and Prediction
The USD/JPY exhibited a modest rally during Friday's trading session, driven by the Non-Farm Payroll announcement.
During the Friday trading session, the AUD/USD rallied noticeably, exceeding the 0.66 level quickly.
The silver market initially rallied during the Friday trading session, hitting the 50-Day Exponential Moving Average early in the session.
The GBP/JPY demonstrated a remarkable rally against the Japanese yen during Friday's trading session.
The USD/MXN is trading near the 17.57000 value of this morning with its typical fast-paced results being demonstrated.
The NASDAQ 100 rallied significantly during the trading session on Friday after the better-than-anticipated jobs number coming out of the United States shipped the market.
The USD/ZAR has produced plenty of speculative drama in the past week.
The gold futures market began with an initial attempt to break above the $2000 mark, only to reverse direction and demonstrate negative tendencies.
One of the unique aspects of the Non-Farm Payroll announcement day is its inevitable interpretation variability by traders.
The price remains within a wide descending price channel, although it is lower, so is not close to either trend line.
West Texas Intermediate (WTI) crude oil exhibited a significant rally during the Friday trading session, inching closer to the significant $72 level.
The GBP/USD displayed a strong rally, reaching the 1.2550 level during Friday's trading session, following the release of the US jobs data, which surpassed expectations by nearly threefold.
The EUR/USD experienced significant volatility on Friday, driven by the release of the Non-Farm Payroll figure, which exceeded expectations by nearly double.
The GBP/USD pair suffered a harsh reversal on Friday as it erased some of the gains made last week.
The AUD/USD strong comeback was halted last week by the mixed US non-farm payrolls (NFP) data.