During this week's trading, the bulls succeeded in pushing the price of the GBP/USD pair, towards the 1.2435 resistance level.
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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Yesterday's session was characterized by the rapid and unstable performance of the US dollar currency pair against the Japanese yen USD/JPY.
After three consecutive trading sessions, the XAU/USD gold price was subjected to profit-taking sales.
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The Bank of Japan has announced that it is going to continue the quantitative easing program that it’s been in for a while.
Spot natural gas prices (CFDS ON NATURAL GAS) settled down during its early trading on Thursday, achieving slight daily gains until the moment of writing this report, by 0.99%.
The Euro initially shot higher during the trading session on Wednesday, but gave bank gain as we continue to see a lot of resistance above.
The price of the TRY/USD stabilized during early trading this morning, as investors await the Turkish Central Bank's decision on the expected interest rate during afternoon trading.
Bitcoin has gone back and forth during trading on Wednesday as we continue to hang around the 200-Day EMA.
The Dow Jones Industrial Average slid down in its last trading on intraday levels, to incur losses for the second day in a row by -1.81%, losing about -613.89 points.
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The USD/JPY is trading near the 128.250 ratio as of this writing, this after challenging the 127.750 mark earlier this morning.
The USD/SGD price at this moment is near the 1.31350 ratios as it continues to traverse within its lower realms.
The West Texas Intermediate Crude Oil market initially tried to rally during the trading session on Wednesday, but turned around to show signs of exhaustion.
Gold is all over the place on Wednesday, as it had tried to test the recent highs, but gave up a lot to gain as the USD suddenly found strength again.
The Australian Dollar is very weak but is unlikely to lose much more value against the US Dollar today.
The USD/JPY price rose and then retreated after the latest interest rate decision by the Bank of Japan (BoJ).