The EUR/USD exchange rate jumped sharply last week after the European Central Bank (ECB) and the Federal Reserve offered diverging decisions.
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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The BTC/USD pair staged a strong recovery during the weekend.
The GBP/USD will start this week trading near values it has not traded since April of last year.
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The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 18th, 2022 here.
Silver experienced a significant drop during Thursday's trading session, reflecting the ongoing market volatility, particularly in light of the Federal Reserve's more hawkish stance than anticipated.
During Thursday's trading session, the natural gas markets saw a slight rally, inching closer to the significant 50-Day Exponential Moving Average.
The NASDAQ 100 has been very noisy during the trading session on Thursday.
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Gold markets experienced a downturn during Thursday's trading session, breaking through the lower limit of the consolidation area that has been prevalent for several weeks.
The West Texas Intermediate (WTI) Crude Oil market experienced an initial pullback during Thursday's trading session, only to rebound and show signs of resilience.
The USD/JPY experienced a significant rally during Thursday's trading session, breaking well above the ¥140 level.
The GBP/USD experienced an initial pullback during Thursday's trading session, reflecting the ongoing market volatility.
The EUR/USD experienced a significant surge during Thursday's trading session, breaking past the crucial 1.09 level.
The GBP/JPY has made significant strides against the Japanese yen during Thursday's trading session, amidst a backdrop of considerable market noise.