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
Gold markets pulled back to the crucial $1920 level on Wednesday, an area that has been important more than once.
The NASDAQ 100 initially pulled back a bit on Wednesday but turned around to reach towards the top of the previous candlestick.
The S&P 500 initially pulled back just a bit on Wednesday but then turned around to show signs of life again as it shot straight up in the air.
The German DAX Index gapped lower in the futures market on Wednesday and then plunged to make a fresh, new low.
The EUR/USD pair continued its downward trend after the strong European inflation data and after the Federal Reserve chair hinted that rate hikes were coming.
The BTC/USD pair maintained a bullish trend on Thursday morning as it appeared to diverge from other assets.
The AUD/USD pair was little changed on Thursday morning as the market reflected on Tuesday’s RBA decision and the commitment by Jerome Powell to hike interest rates in March.
Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels, to achieve new daily gains until the moment of writing this report, by 3.16%.
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses for the second day in a row, by -1.76%.
Bonuses & Promotions
Get today's recommendation on the lira against the dollar with our Forex signal.
The price of gold gained as investors weighed the impact of sanctions against Russia with Moscow's countermeasures in the wake of the invasion of Ukraine,
After three consecutive trading sessions during which the price of the US dollar against the Japanese yen was exposed to selling operations, it moved towards the 114.70 support level.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Despite the continuous selling operations from February 23, which the GBP/USD currency pair experienced, with losses to the 1.3273 support level
In light of the constant anxiety in the financial markets, the selling operations of the euro against the dollar EUR/USD are still going on.
However, the price is approaching long-term resistance at $45,668.