After gains this week, the EUR/USD exchange rate is expected to be better protected against further weakness.
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 heights in value now being traded in the USD/JPY are touching levels not seen since May of 1990.
USD/PKR value as of this morning is fractionally higher than yesterday’s apex values
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The US dollar rallied significantly during the early hours on Wednesday, but then stalled here at the ¥155 level.
The US dollar has initially fallen against the Singapore dollar during the trading session on Wednesday but continues to see plenty of support near the 1.36 level.
Silver went back and forth during the trading session on Wednesday.
CHF and JPY battle as top Forex funding currencies, both weak.
We have recently seen a breakout and now we are looking at a retest.
The US dollar has rallied significantly during the trading session on Wednesday against the Canadian dollar, as we have seen the 1.3650 level offer support.
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Bitcoin initially did rally a little bit during the trading session on Wednesday.
The US dollar rallied a bit during the trading session on Wednesday, as we continue to threaten a major resistance barrier in the form of 19.25 ZAR.
The British pound initially pulled back against the Japanese yen during early hours on Wednesday, as we continued to threaten a major breakout.
Ethereum markets initially tried to rally during the trading session on Wednesday, but it appears that we continue to see a bit of noise above.
The GBP/USD pair has staged a strong comeback from its lowest point this week to a high of 1.2465, its highest swing since Thursday last week.
The EUR/USD pair wavered on Thursday morning ahead of the crucial US GDP and inflation numbers.