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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Ethereum has rallied a bit during the trading session on Thursday to reach a minor downtrend line.
The solid bullish trend in the USD/JPY has continued to produce gains.
SHIB/USD traded towards important resistance in late trading yesterday only to be pushed back downwards.
The story with Bitcoin now is one of consolidation: zooming out to a daily chart shows that the price is within a narrowing triangle pattern.
The Euro initially rallied during the trading session on Wednesday, but then pulled back a bit from the highs.
The British pound has rallied a bit during the course of the trading session on Wednesday to reach towards the 1.31 handle.
The WTI Crude Oil market initially tried to rally but gave back gains as the $100 level has offered far too much in the way of resistance.
Bitcoin has initially tried to rally during the trading session on Wednesday but gave back gains as we reached the 50 Day EMA.
Ethereum has rallied a bit to kick off the trading session on Wednesday, but I do not see a lot of momentum, nor do I see a lot of volume in this market.
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Monero has rallied a bit during the trading session on Wednesday as we are dancing around the $190 level.
The FTSE 100 has rallied during the trading session on Wednesday to touch the 50 Day EMA before pulling back a bit.
The DAX had an explosive positive move during the trading session on Wednesday to reach towards the €14,500 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The NASDAQ 100 has rallied significantly on Wednesday, despite the fact that the Federal Reserve raised interest rates by 25 basis points.
The S&P 500 has been all over the place during the trading session as the Federal Reserve meeting and announcement has come and gone.
The GBP/USD pair held steady on Thursday morning as investors reflected on the hawkish Fed decision as they waited for the Bank of England (BOE).