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.
Most Recent
The AUD/USD price maintained the bullish trend in early trading after the statement by Jerome Powell on US monetary policy.
The DAX Index rallied a bit on Friday as we continue to see strength, but ultimately, we are simply trying to figure out whether or not we are going to finally launch.
Gold markets have been somewhat sideways during the month of August, but we did see a sudden selloff at the beginning of the month.
The US dollar has been rallying against emerging market currencies overall, at least over the last couple of months.
The S&P 500 has continued to see a lot of bullish pressure over the longer term, as we have been moving forward in a perfect 45° angle.
The euro has been very choppy and slightly negative throughout August, and I think this sets it up for a relatively big move.
The NASDAQ 100 has been relatively flat most of the month of August, but towards the end we started to see a little bit of a breakout yet again.
The West Texas Intermediate Crude Oil market rallied a bit during the trading session on Friday to close out the highs of the week.
The NASDAQ 100 rallied quite significantly during the trading session again on Friday as Jerome Powell's comments at the Jackson Hole Virtual Symposium have come and gone.
Bonuses & Promotions
The S&P 500 saw a lot of bullish pressure on Friday as we continue to see the market rally based on the Federal Reserve.
The Bitcoin market rallied a bit on Friday as we continue to build up a little bit of momentum in order to spring through the $50,000 level.
The euro broke higher on Friday as it looks like we are ready to continue pushing to the upside.
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Sign up to get the latest market updates and free signals directly to your inbox.The British pound rallied a bit on Friday as the 1.37 level has offered support, just as it has a few other times.
The FTSE 100 rallied a bit on Friday as we continue to see stocks rally in general.
The Australian dollar rallied quite significantly on Friday as Jerome Powell spoke from the Jackson Hole Virtual Symposium.