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 US dollar has rallied slightly during the trading session on Wednesday, as we continue to try to find our footing against the Japanese yen.
The USD/ZAR has rallied a bit during the trading session on Wednesday, as we are breaking above the 17.75 Rand level.
The British pound has rallied slightly during the trading session on Wednesday, breaking above the top of the indecision candle on Tuesday.
The S&P 500 has pulled back just a bit during the trading session on Wednesday, as we continue to consolidate overall.
Silver has bounced a bit during the trading session on Wednesday, as we have bounced from the crucial 200-Day EMA.
Gold markets have initially tried to rally on Wednesday but gave back gains yet again as we continue to see the $1880 level offer resistance.
The NZD/USD has gone back and forth during the trading session on Wednesday, which is the same thing that we have seen on both Monday and Tuesday to see so much choppiness.
Bitcoin has fallen rather hard during the trading session on Wednesday, as we continue to see a lot of hesitation up near the $23,000 region.
The USD/SGD has maintained its higher price range after jumping upwards after the U.S Non-Farm Employment Change numbers created a whirlwind of buying.
Bonuses & Promotions
The EUR/USD currency pair initially tried to rally on Wednesday, but came back gains as we got to the top of the previous trading sessions range.
GBP/USD was flat on Thursday amid mixed signals about the American economy.
The EUR/USD pair pulled back amid a significant risk-off sentiment among investors.
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Sign up to get the latest market updates and free signals directly to your inbox.Bitcoin and American stocks pulled back amid concerns about the state of the economy and monetary policy.
The price of the euro currency pair against the US dollar EUR/USD has been moving along the same path as last week's closing trades since the start of trades this week.
After Jerome Powell's statements, which calmed the pace of the US dollar's gains, the gold futures XAU/USD achieved lukewarm gains reaching the level of $1884 per ounce.