This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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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In the early hours of Thursday's trading session, the S&P 500 exhibited limited activity, hovering around a pivotal point—the 200-Day Exponential Moving Average.
In recent times, natural gas markets have exhibited a persistent bullish streak, with a strong determination to break through the resistance barrier hovering around the $3.00 mark.
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In the recent trading session, the euro attempted a rally, only to retract some gains almost immediately.
Crude oil markets exhibited some signs of recovery during Thursday's trading session as the oversold condition of oil attracted value-seeking investors.
The British pound faced initial declines against the Japanese yen on Thursday but managed to find a lifeline in the form of underlying support, preventing a deeper plunge.
The US dollar had a dip during Thursday's trading session, only to swiftly rebound against the Japanese yen.
The silver market remains in a state of high volatility, characterized by choppy movements within the same price range observed over the past few days.
In recent trading, gold markets experienced some initial attempts at a rally on Thursday.
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The GBP/USD demonstrated a turbulent trading session on Thursday, marked by erratic price movements.
The AUD/USD showed signs of strength during Thursday's trading session as it approached a key resistance level at 0.6350.
The price of the Turkish Lira varied against the US dollar during early trading on Thursday morning, with the pair recording its highest levels ever.
For two days in a row, and amid weak attempts to rebound upward, the price of the currency pair EUR/USD is trying to compensate for its sharp losses.
The S&P 500 witnessed an intriguing turn of events in Wednesday's futures markets, initially dipping before clawing its way back to life.
During yesterday's trading there was a slight, albeit visible, rise in the value of the pound against the euro and dollar after a major upgrade to UK PMIs for September was announced.