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 Crude Oil market has pulled back from a downtrend line that has been so important over the last several months.
The S&P 500 has fallen just a bit during the course of the trading session, as it looks like we are rolling over just a bit.
The NASDAQ 100 has gone back and forth during the course of the trading session on Thursday, as we continue to hesitate right around the 15,600 level.
The Aussie dollar has gone back and forth during the trading session on Thursday as the 50 day EMA continues offer short-term resistance.
Gold markets have been all over the place during the trading session on Thursday as the market has been stabilizing after the recent selloff.
The Bitcoin market had rallied a bit on Thursday, but the most important thing you look at is the fact that the market has stabilized over the last 48 hours.
The Euro has gone back and forth during the trading session on Thursday after the ECB meeting.
The British pound rallied significantly during the trading session on Thursday to slam into a major downtrend line that I have been tracking for a while.
The USD/ARS has continued to demonstrate its unceasing ability to traverse higher and brush aside resistance levels with relative ease.
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The British pound was subjected to several pressure factors that weakened it against the rest of the other major currencies recently.
Since the beginning of the week, the USD/JPY has settled around the 110.00 psychological resistance, also hitting the 110.45 resistance and settling around 110.05 as of this writing.
Gold has been subjected to selloffs that pushed it towards the $1783 level, settling around $1790 as of this writing.
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Sign up to get the latest market updates and free signals directly to your inbox.It's a decisive day for the euro pairs, with markets and traders awaiting an update of the monetary policy decisions from the European Central Bank.
Since the 1st of September, the USD/MXN has essentially straddled a rather tight price range and speculators have reasons to worry about a breakout.
The USD/SGD is traversing an intriguing price range early today as it hovers slightly below important short-term resistance levels.