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 NASDAQ 100 initially tried to rally during the trading session on Wednesday but then pulled back just a bit to show signs of hesitation yet again.
The gold market displayed limited activity during Wednesday's early hours as buyers remained elusive.
The USD/JPY has demonstrated resilience, experiencing a rally in the early hours of Wednesday.
Bitcoin ETF trading likely to start today.
The silver market exhibited limited activity in the early hours of Wednesday as market participants awaited further clarity.
The Euro exhibited minimal activity during Wednesday's trading session, with market participants awaiting the release of the Consumer Price Index (CPI) and the Producer Price Index (PPI) later in the week.
Crude oil markets are currently ensnared in a period of consolidation, a situation applicable to both types I track.
Bitcoin experienced a slight pullback during Wednesday's trading session.
In the recent trading session, the Australian dollar demonstrated a slight upward momentum, testing a previous resistance zone.
Bonuses & Promotions
The GBP/USD pair held steady on Thursday morning ahead of the upcoming US Consumer Price Index (CPI) data.
The EUR/USD price was flat on Thursday morning after mixed signals from Europe and as traders waited for the upcoming US inflation numbers.
The AUD/USD price reacted mildly to the encouraging Australia consumer inflation numbers as traders focused on the reading from the United States.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Gold futures are trying to recover after falling to a three-week low before the announcement of US inflation data this week.
The US dollar remains the strongest currency ahead of the release of US inflation figures. As a result, the EUR/USD pair continues to decline, falling to the support level of 1.0910, which is where it is trading around at the time of writing.
The pound sterling has rebounded against the euro and the US dollar ahead of the testimony of the Governor of the Bank of England.