During Thursday's trading session, the EUR/USD saw a slight rally amidst choppy and noisy behavior.
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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On Thursday, the West Texas Intermediate (WTI) Crude Oil market fell slightly and is now testing the 50-Day EMA, which is a significant technical indicator for traders.
The price of the Turkish lira settled near its lowest level ever against the US dollar, which it recorded during trading at the beginning of the week.
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The USD/CAD has continued to climb upwards over the past few trading days, after touching a low of nearly 1.33000 last Friday.
For four consecutive trading sessions, the price of the EUR/USD currency pair settled in a narrow range, with a bearish tendency
The US dollar finds itself trying in mid-week trading amid a broader bearish shift in global stock markets
Since the start of trading this week, the XAU/USD gold price has been subject to profit-taking sales, after testing the $2048 resistance level
The bulls still control the direction of the USD/JPY currency pair, in light of the continuation of the bearish pressure on the Japanese yen.
The USD/SGD is trading near the 1.33400 ratios as of this morning, having been able to sustain a near-term higher price range the past few days.
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The GBP/USD has been showing strength against the Japanese yen in recent trading sessions, with the market spiking above the ¥168 level.
The gold market has been a very interesting one lately, with plenty of opportunities for traders to capitalize on.
The EUR/USD experienced a pullback during Wednesday's trading session, although there is still a lot of market noise around the 1.09 level, which is a significant psychological area that has seen a lot of recent activity.
The WTI Crude Oil market was bearish during Wednesday’s trading session, indicating a possible gap fill as prices continue to fall towards the $77.30 level.
The AUD/USD experienced choppy trading on Wednesday, with market volatility just below the 50-Day Exponential Moving Average (EMA) and near the 0.67 level.
The British pound held quite well on Wednesday and Thursday after a series of strong economic data from the UK.