The USD/JPY has fallen during the trading session on Thursday, and it looks as if we are going to continue to see a lot of negative pressure.
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 S&P 500 has taken off to the outside during the trading session on Thursday, as we are now threatening the 4200 level.
The NASDAQ 100 has shot straight up in the air again during the trading session on Thursday, as we continue to see a lot of bullish pressure.
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The EUR/USD has pulled back ever so slightly during the trading session on Thursday as we are getting close to the non-Farm Payroll announcement on Friday.
The GBP/USD has fallen during the trading session on Thursday, as the Bank of England continues to see headwinds down the road.
As expected, the American central bank slowed down the rate of raising the American interest rate, as inflation in the country showed a decline
Despite the strong expectations that today the Bank of England will be more strict than the American Federal Reserve Bank, the gains of the upward rebound of the GBP/USD currency pair
The price of the TRY/USD stabilized during early trading on Thursday morning.
The US Federal Reserve slowed its efforts to rein in inflation, saying more US interest rate hikes were on the cards as officials debated when to end the most tightening of credit in four decades.
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USD weakness continued and is coinciding with the expectations of the recession of the world economy during the year 2023.
The Dow Jones Industrial Average advanced in its recent trading on the intraday levels, to achieve gains for the second day in a row, going up by 0.02%.
The US dollar has rallied ever so slightly against the Canadian dollar during trading on Wednesday, as we are sitting just above the 200-Day EMA.
Spot natural gas prices (CFDS ON NATURAL GAS) settled down during its early trading on Thursday, recording slight daily losses until the moment of writing this report, by -0.04%.
The NZD/USD currency pair has gone back and forth on Wednesday, as we continue to hang about between the 0.64 level in the 0.65 level.
The British pound has fallen rather hard during the trading session on Wednesday, as we continue to see the consolidation range hold.