At the end of the week's trading, the price of the USD/JPY currency pair jumped to the resistance level of 131.18 after it reached the support level of 128.08 in the same week
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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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Gains for GBP will be subject to a quick sale as the gloomy expectations for the future recovery of the British economy during the year 2023 are still negatively affecting any positive outlook.
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Spot natural gas prices (CFDS ON NATURAL GAS) deepened their losses during their early trading on Monday, to record new daily losses until the moment of writing this report by -0.72%.
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The Dow Jones Industrial Average fell in its recent trading on the intraday levels, recording losses in its last sessions by -0.38%.
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The price of the TRY/USD stabilized, as the pair recorded slight changes with the opening of weekly trading.
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The USD/CHF currency pair has rallied significantly during the trading session on Friday, as the 0.91 level has offered significant support.
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The Australian dollar has fallen rather hard on Friday, as the market has turned around to reach towards the US dollar in terms of safety.
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The British pound fell rather hard during the trading session on Friday after we have seen a major shift in attitude.
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The USD/INR rallied during the trading session on Friday, initially pulling back to the 50-Day EMA before turning around and rallying quite significantly.
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The S&P 500 pulled back rather significantly during the trading session on Friday, after attempting to break above the 4200 level.
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The USD/ZAR is challenging mid-term values not seen since the third week of December.
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The EUR/USD currency pair initially tried to rally, but then got absolutely slammed as the jobs number in the US came out much stronger than anticipated.
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The nifty 50 bounced a bit during the training session on Friday as we continue to walk along a trendline for the massive channel that we have been in for a while.
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The US dollar has rallied significantly during the trading session on Friday, as a jobs number came out much hotter than anticipated.
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The BTC/USD didn’t do much during the training session on Friday as we continue to hover right around the $23,500 level.
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