The British pound has seen a boost in the past two trading sessions, signaling a potential upward breakout.
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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Gold prices experienced a slight dip on Wednesday as the US dollar showed signs of strength across various financial markets.
In Wednesday's trading session, the Australian dollar made an attempt to rally but eventually relinquished its gains.
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In the early hours of Wednesday trading, the euro appears to be making a recovery against the US dollar, rebounding from a notable low.
The S&P 500 maintains a bullish outlook, edging closer to its all-time highs with little resistance in sight.
The natural gas market exhibited signs of resilience during Wednesday's early trading hours.
The NASDAQ 100 appears poised for another surge as it inches closer to its all-time highs.
The Crude Oil market experienced slight gains in Wednesday's trading session.
The Bitcoin market experienced a notably subdued session on Wednesday.
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The AUD/USD pair remained in a tight range on Thursday.
Bitcoin price made signs of a bullish breakout as investors cheered the slow but steady inflows in key ETFs.
The EUR/USD exchange rate remained at 1.0765, a few points above this week’s low of 1.0725. It remains much lower than its December high of 1.1140.
$1.2641 likely to be today’s pivotal point.
For the second day in a row, the gold price has recovered from the losses following the announcement of stronger-than-expected US jobs figures.
Market influenced by US resilience to rate hikes and diverging central bank policies between the Fed and BoJ.