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 Ethereum market has rallied significantly during the trading session on Thursday, as the $4500 level has been important over the last couple of weeks.
The West Texas Intermediate Crude Oil market has pulled back a bit but continues to see the previous downtrend line as a potential support level.
The NASDAQ 100 has bounced ever so slightly during the trading session on Thursday as the 16,000 level looks to be somewhat supportive.
The S&P 500 went back and forth during the trading session on Thursday, as we have stabilized near the 4650 handle.
The FTSE 100 has rallied significantly on Thursday, as the GDP numbers in the United Kingdom have come out lighter than anticipated.
For the second day in a row, the USD/JPY is trying to compensate for its recent sharp losses, which pushed it towards the 112.72 support level, its lowest in a month.
In its best daily performance in more than a month, the price of gold moved to the resistance level of $1868, a 5-month high, before settling around $1852 as of this writing.
Yesterday’s trading session was one of several catastrophic sessions for the GBP/USD since the Bank of England's announcement last week.
US inflation recorded a sharp jump that may force the US Federal Reserve to move faster than the markets expected, and the US dollar returned to steal more gains against the rest of the other major currencies.
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BTC/USD made new record highs yesterday and remains within sight of these realms as speculators continue to pursue the cryptocurrency.
Gold provided a flourish of bullish momentum yesterday as it broke through important resistance and surged to mid-term highs leaving speculators with a decision to make today.
The price is trading at 1-year lows below $1.1500.
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Sign up to get the latest market updates and free signals directly to your inbox.The DAX Index rallied a bit on Wednesday but gave back gains yet again as we have multiple days in a row.
The IBEX index initially rallied on Wednesday but has run into a bit of a headwind via the overall risk appetite globally.
The Bitcoin market went back and forth on Wednesday as it continues to try to make all-time highs.