The silver market experienced a minor setback during the trading session on Thursday, as it tested the support level of $25.
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 West Texas Intermediate (WTI) Crude Oil market has been exhibiting a great deal of volatility, going back and forth during Thursday's trading session.
The GBP/JPY experienced some dips in Thursday's trading session, but buyers soon entered the market, turning the situation around.
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The GBP/USD has been relatively stagnant during Thursday's trading session, sitting just below the crucial 1.25 level while remaining above the critical 1.24 level.
The AUD/USD experienced a slight dip during Thursday's trading session, indicating that the market may be reaching the bottom of a channel it has been in for a while.
The USD/JPY experienced a slight dip during Thursday's trading session, with a lot of movement based on bonds.
The S&P 500 index has been consolidating in a narrow range between the 4100 and 4200 levels during the Thursday trading session.
Natural gas markets have been trading sideways just above the $2.00 level, showing little sign of significant movement in either direction.
Gold markets experienced a slight pullback during Thursday's trading session, as the yellow metal has reached an overextended level.
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The EUR/USD recent trading activity has been somewhat subdued, with the markets showing a willingness to sit within a particular range.
As of this morning’s price action the USD/TRY is trading near the 19.25400 ratio, yesterday’s low briefly touched the 19.16050 ratio.
On Tuesday the USD/CAD briefly challenged the 1.34050 vicinity and after moving higher, then tested support near the 1.34245 ratio a few times yesterday.
The US dollar continues to weaken against the Japanese yen during Wednesday's trading session.
The British pound has retraced slightly from the 1.25 level, which is a significant technical level that has been important multiple times in the past.
The Euro made an initial attempt to rally on Wednesday, but it didn't last long as concerns about the economy started to weigh on the currency markets.