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.
The price of the TRY/USD declined during the end of last week's trading, as the dollar pair against the lira recorded record high levels, after the Turkish Central Bank's decision to install the interest rate last Thursday at 8.5%.
The Dow Jones Industrial Average rose during its recent trading on intraday levels, to achieve gains in its last session by 0.41%, adding about 132.28 new points to the index.
The exchange rate of the EUR/USD currency pair got rid of a large part of its previous gains in the last session of last week's trading.
Risk aversion and the continued selling of the US dollar since the recent US Federal Reserve announcement allowed the bears to push the price
During last Friday's trading session, the XAU/USD gold price retreated from its current high in 12 months at the $2009 resistance level.
Spot natural gas prices (CFDS ON NATURAL GAS) fell during their early trading on Thursday, to record daily losses until the moment of writing this report by -1.37%.
Before the end of last week’s trading, the GBP/USD exchange rate retreated from its highest levels in nearly two months, after it felt frustrated with the dollar’s rebound.
The EUR/USD was hit by a large wave of violent trading last week, which likely had many day traders shaking their heads in frustration as price velocity proved cruel.
The USD/ZAR is near the 18.20000 level as of this morning.
The USD/JPY has fallen significantly on Friday to show signs of hesitation in its resumption of any type of uptrend.
The S&P 500 experienced a drop during Friday's trading session, with a weekly chart indicating a shooting star formation.
The Euro experienced a notable decline during Friday's trading session, plummeting to the 1.07 level.
Silver experienced a slight rally during Friday's trading session amidst its ongoing volatile behavior.
The West Texas Intermediate (WTI) crude oil market experienced a decline during the early hours of Friday, breaking below the $68 level.
The Australian dollar experienced a slight fall, which was not unexpected given the formation of a couple of shooting stars in the previous two days.
