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
After strong gains at the beginning of this week's trading, reaching the resistance level of 1.2045, the price of the GBP/USD currency pair retraced yesterday to the level of 1.1924
The USD/TRY currency pair rose during the morning trading today, Thursday, as the lira recorded new declines against the dollar, to its lowest level this year.
For five trading sessions in a row, the price of the USD/JPY currency pair is moving in narrow ranges between the level of 137.38 and the level of 138.55.
The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains for the second day in a row by 0.15%, to add to the index about 47.79 points.
Spot natural gas prices fell in their recent trading at the intraday levels, to record daily losses until the moment of writing this report, by -2.18%.
The EUR/GBP is trading at short term highs and challenging Wednesday’s resistance levels as of this writing.
The USD/CAD is flirting with short term lows and the trend for the currency pair suddenly is starting to show signs of bearishness, but is it real?
Bullish above the support level at $1.1958.
The West Texas Intermediate Crude Oil market gapped lower to kick off Wednesday but then turned around to recapture the $100 level.
Bonuses & Promotions
The USD/JPY currency pair did very little Wednesday as we continue to levitate at high levels.
The GBP/USD currency pair initially tried to rally Wednesday but gave back gains as we continue to see the 1.20 level offers a significant amount of noise.
The AUD/USD currency pair initially tried to rally Wednesday but gave up any type of momentum and ended up forming a bit of a shooting star.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 Index rose again Wednesday as we continue to see this market recover.
The NASDAQ 100 Index rallied significantly on Wednesday to break above the resistance barrier that has been so difficult to deal with over the last several weeks.
XAU/USD had a rough session on Wednesday as we are now below the $1700 level.