The EUR/USD was hit by a large wave of violent trading last week, which likely had many day traders shaking their heads in frustration as price velocity proved cruel.
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 USD/ZAR is near the 18.20000 level as of this morning.
The USD/JPY has fallen significantly on Friday to show signs of hesitation in its resumption of any type of uptrend.
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The S&P 500 experienced a drop during Friday's trading session, with a weekly chart indicating a shooting star formation.
The Euro experienced a notable decline during Friday's trading session, plummeting to the 1.07 level.
Silver experienced a slight rally during Friday's trading session amidst its ongoing volatile behavior.
The West Texas Intermediate (WTI) crude oil market experienced a decline during the early hours of Friday, breaking below the $68 level.
The Australian dollar experienced a slight fall, which was not unexpected given the formation of a couple of shooting stars in the previous two days.
The GBP/USD has been on a rollercoaster ride in recent trading sessions, reacting to market movements and news events.
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US dollar has bounced a bit during the trading session on Friday to show signs of life again near the 18 Rand level.
The GBP/JPY experienced a significant drop against the Japanese yen during Friday's trading session, with the market exhibiting a sense of negativity in terms of risk appetite.
Gold markets experienced back and forth trading during Friday's session, hovering around the $2000 level.
My previous BTC/USD signal on 23rd March was not triggered, as unfortunately the high price of the day never quite reached the key resistance level which I had identified at $28,846.
The GBP/USD price dropped slightly as an eventful quarter comes to a close and as UK’s inflation expectations dropped.
The EUR/USD exchange rate pulled back sharply on Friday as concerns about the banking sector resumed.