The gains of the dollar / yen currency pair are on an important date this week, as the US Federal Reserve will announce an update of its monetary policy 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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Because of the May Day holiday being celebrated in many parts of the world, the USD/ZAR may take on the appearance of being very quiet during a lot of today’s trading action.
The USD/MXN is hovering around the 18.00000 ratio as of this writing.
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The stock market can be a very fickle place, with prices fluctuating based on a variety of factors.
Gold has been on an impressive run over the past few months, but on Friday, the markets remained indecisive and consolidated around the $2000 level.
The EUR/USD fell during the trading session on Friday, only to turn around and show signs of strength as investors appeared willing to take a little risk off ahead of the weekend.
The WTI and Brent oil markets are currently experiencing significant pressure due to the global economy's slowing down.
The AUD/USD faced some challenges during the trading session on Friday, falling amid concerns that continue to weigh on traders.
The NASDAQ 100 has been somewhat tight during the entirety of April, but as we head into May, it looks like the buyers willing to come in and buy every significant debt.
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The gold market should see a significant amount of support near the $1940 level, followed by the $1900 level.
On Friday, the USD/JPY demonstrated a strong performance, breaking through the resistance level of ¥135.
The S&P 500 has been back and forth for some time now, and unfortunately we don’t know if May is going to change the overall attitude of the market.
The GBP/USD has been exhibiting choppy and sideways behavior during Friday's trading session, as the market continues to experience back-and-forth movements.
On Friday, the silver market experienced a back-and-forth trading session, with investors eagerly waiting for momentum to push prices higher.
On Friday, the GBP/JPY rallied significantly, reaching the ¥170 level.