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 FTSE 100 has rallied a bit during the session on Thursday, right where we needed to see a do so in order to continue the overall trend.
The DAX has gone back and forth during the trading session on Thursday as it looks like we are bit hesitant to continue going higher.
The Australian dollar has broken down a bit during the course of the trading session on Thursday to make a fresh low.
The Bitcoin market has initially tried to rally during the trading session on Thursday but gave back the gains rather rapidly
Gold markets have rallied just a bit during the course of the trading session on Thursday to reach towards the $1780 level but have given back just a bit of the gains
For the fourth day in a row, the EUR/USD currency pair is subjected to strong selling that pushed it towards the 1.1837 support level,
In the middle of this week's trading, the price of an ounce of gold fell to the $1,751 support level, its lowest in nearly three months.
For the second day in a row, the price of the USD/JPY currency pair is returning to the upward correction in its last track, stable around the resistance level 111.26, the highest since March of the year 2020.
The continued strength of the US dollar and pressure factors on the pound increase the suffering of the GBP/USD currency pair.
Bonuses & Promotions
The GBP/USD has come off its early highs achieved today and the Forex pair remains within the lower depths of its mid-term price range.
The EUR/USD is testing fresh lows in early trading this morning as mid-term support ratios continue to remain in view.
ADA/USD continues to produce fluctuations which speculators will find attractive, but the lower price range remains difficult to navigate.
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Gold has managed to gain some traction in the past twelve hours, after struggling the past couple of days near important mid-term support.
The euro struggled again during the trading session on Wednesday as we have reached towards the 1.1850 level.