The British pound started the week by gapping up and surging higher.
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 Australian dollar has experienced some volatility in recent trading sessions.
The GBP/USD staged a strong recovery as investors placed their bets that the Fed and Bank of England (BoE) will change their tune on interest rates.
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The BTC/USD price staged a strong recovery, making it one of the best-performing major financial assets.
The AUD/USD exchange rate bounced back reluctantly as financial traders placed bets that the Federal Reserve will reassess its stand on rate hikes going forward.
My EUR/USD signal on 2nd March was not triggered, as there was no bullish price action when the support level at $1.0636 was first reached.
Since the middle of last week's trading, the price of the EUR/USD currency pair was in an upward rebound range after it collapsed to the support level of 1.0524.
A mild start to March continued to pressure spot natural gas prices during the trading week of March 6-10, as just a week after reaching $3.00 per MMBtu, the April Nymex gas futures contract closed at 2,430. dollars.
The Dow Jones Industrial Average continued to decline during its recent trading on intraday levels, to record good losses in its last sessions by -1.07%.
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The TRY/USD declined during today's early trading, as the pair recorded new highs for the second day in a row, to drop the lira to its lowest levels ever against the US dollar.
The USD/MXN is trading near the 18.52600 ratio as of this writing.
The USD/ZAR has found solid momentum downward since Friday and is trading near the 18.14100 ratios as of this writing.
The price of the GBP/USD currency pair reached the highest level of 1.2113, recovering from the psychological support level 1.1800 in the middle of last week's trading.
The dollar against the Japanese yen USD/JPY is still heading to the upside, despite the currency pair's collapse on Friday to the support level at 134.11, its lowest in two weeks
The S&P 500 experienced some back and forth during the trading session on Friday, indicating that the market is still experiencing a lot of noisy behavior overall.