The USD/JPY is near important long-term resistance as global financial markets continue to demonstrate a rather high degree of short-term nervousness.
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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BTC/USD is continuing to trade within the upper realms of its near-term range technically, speculations with a taste for adventure may find charts inviting.
The USD/JPY has been on an impressive ascent, signaling a clear path for further gains in the currency market.
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The AUD/USD had a turbulent ride during Wednesday's trading session, with the currency oscillating around the 0.64 level.
Natural gas markets displayed remarkable strength during Tuesday's trading session, setting the stage for potential further gains in the coming days.
The gold market experienced some initial dips during Wednesday's trading session, finding itself trapped between the 200-Day Exponential Moving Average below and the 50-Day EMA above.
The GBP/USD experienced a slight dip during Wednesday's trading session, reflecting the ongoing turbulence in the market.
The GBP/USD was flat on Thursday after the relatively weak UK GDP data and strong US consumer inflation numbers.
The EUR/USD exchange rate was in a tight range as investors reflected on August’s inflation data.
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Bitcoin and other cryptocurrencies drifted upward even as risks for more interest rate hikes by the Federal Reserve rose.
Strong resistance at $0.6456 likely to be pivotal today.
At the beginning of this week's trading the price of the EUR/USD currency pair may continue to move downward until the reaction to the announcement of the American inflation figures
The pound temporarily jumped against the euro and the US dollar after stronger-than-expected British wages data.
The gains of the Japanese yen quickly evaporated after the comments of the Governor of the Bank of Japan before the start of trading.
In Tuesday's trading session, the natural gas market displayed a sense of equilibrium, leaving traders contemplating their next steps.