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
The AUD/JPY rallied a bit against the Japanese yen on Friday, slamming into the ¥91 level.
The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Friday, to reach the $75 level.
The GBP/USD initially dipped a bit during the trading session on Friday, but then turned around after the jobs number slam back into the 1.21 level.
The S&P 500 E-mini contract rallied a bit during the Friday session after the job summer came out, slamming into the 50-Day EMA.
Gold markets have rallied rather significantly during the Friday session after the job summer came out in the United States.
The EUR/USD initially dipped a bit during the trading session on Friday, only to turn around and show signs of life again.
My previous EUR/USD signal on 21st December was not triggered, as none of the key levels were reached that day.
The GBP/USD went into the weekend near the 1.20860 level, after starting the week near a high of around 1.21000.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Bonuses & Promotions
The EUR/USD will start the week near the 1.06390 level, which may be a good result for bullish traders considering the fact the currency pair was challenging a low of nearly 1.04800 only a handful of hours before the surge upwards.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 8th, 2022 here.
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Sign up to get the latest market updates and free signals directly to your inbox.The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Thursday, as it looks like we are threatening the $75 level.
The S&P 500 has fallen a bit during the trading session on Thursday, after the ADP jobs report came out much stronger than anticipated.
Gold markets have pulled back a bit during the trading session on Thursday, as we have seen the ADP numbers come out much hotter than anticipated.