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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The NASDAQ 100 rallied early during the trading session on Thursday.
The S&P 500 rallied slightly in the early hours on Thursday.
The EUR/NZD continues to look a bit troubled in general, despite being somewhat stout in this pair.
The GBP/CHF pair isn’t one that a lot of people pay attention to, and it is to their detriment.
Silver initially tried to rally a bit during the trading session on Thursday, but then gave back some of the gains.
The dollar/lira pair stabilized during trading today, Thursday, with the pair stabilizing near its new all-time high of 32.50 lira per dollar.
According to forex trading, the Japanese yen was the main loser, falling by more than 1.5%, even after the Bank of Japan's historic decision to end eight years of negative interest rates and completely abolish the yield curve control policy.
After investors digested the US Federal Reserve announcement yesterday, the GBP/USD pair is cautiously awaiting the Bank of England announcement today, Thursday.
The EUR/USD currency pair recovered significantly after the Federal Reserve left the US interest rate unchanged at its highest level in 23 years at 5.25%-5.5% for the fifth consecutive meeting in March 2024, in line with market expectations.
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The easing of signals for future US interest rate hikes and the subsequent decline in the US dollar were a strong catalyst for gold prices to move towards new record levels.
The Nasdaq 100 looks slightly positive during the trading session on Wednesday as we head toward the Federal Reserve meeting.
It looks like the S&P 500 will continue to be a noisy market, but I do think that given enough time, we do have plenty of buyers.
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Sign up to get the latest market updates and free signals directly to your inbox.The price of your chocolate is going up. Too put it into perspective the price of Cocoa has doubled since November of 2023.
Silver initially pulled back a bit during trading on Wednesday, but it does look like we are trying to hang on to some support.
After trading near a value of 278.4860 yesterday the USD/PKR moved to a depth of nearly 278.0000 briefly as the U.S Federal Reserve held its interest rate policy in place.