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 USD/ZAR has proven particularly dangerous the past handful of days and opened with a gap lower this morning rocking speculative positions yet again.
The strong decline in the price of the US dollar allowed the XAU/USD gold price to make a strong upward rebound with gains towards the resistance level of $1804 an ounce
The GBP/USD price surged to the highest level since June 27 as the US dollar weakness continued.
The EUR/USD price continued its relentless comeback as investors focused on the likelihood for a Federal Reserve pivot.
The BTC/USD price remained unchanged at about 17,000 as investors reacted to the latest American jobs numbers.
The AUD/USD price held steady as investors refocused on the upcoming interest rate decision by the Reserve Bank of Australia (RBA).
The S&P 500 has rallied a bit during the trading session on Friday, even though the jobs number came in hotter than anticipated.
The NASDAQ 100 initially fell during trading on Friday, as the jobs report came out much hotter than anticipated.
The gold markets plunged after the jobs number on Friday but have seen buyers jump back into this market as the jobs number caused volatility, but at the end of the day, traders are starting to think that the jobs number doesn’t change much.
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The DAX pulled back a bit initially during the trading session on Friday but then turned around to show signs of life again.
The BTC/USD has done almost nothing on Friday as the US dollar has been thrown all over the place.
The USD/CHF has been all over the place during the Friday session, as we have seen a lot of noisy behavior.
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Sign up to get the latest market updates and free signals directly to your inbox.The NZD/USD initially dipped a bit during the trading session on Friday, as the jobs number came out hotter than anticipated.
The USD/CAD has rallied a bit during the trading session on Friday as the US jobs never came in a little stronger than anticipated.
The EUR/USD has initially fallen during the trading session on Friday, as the jobs number in the United States came out much higher than anticipated.