The US dollar got hammered against the Canadian dollar on Friday as both countries released their jobs numbers.
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
Gold markets have fallen a bit on Friday to break down below the bottom of the candlestick from the Thursday session.
The Australian dollar initially fell on Friday but found enough buying pressure underneath to turn things around and form a hammer.
Top Regulated Brokers
Bitcoin markets fell again on Friday, as Bitcoin reached towards the crucial $40,000 level.
The West Texas Intermediate Crude Oil market rallied initially on Friday as one would expect, due to the significant momentum that we have seen to the upside.
The XRP price has been under intense pressure in the past few months as concerns about a hawkish Federal Reserve remain.
The Solana (SOL/USD) price sell-off continued during the weekend as concerns about the Fed remained.
The Cardano price has been in a strong bearish trend in the past few months.
The GBP/USD pair jumped to the highest level since November after the mixed jobs numbers from the United States.
Bonuses & Promotions
The EUR/USD pair tilted higher on Friday as investors reflected on the latest American jobs numbers.
The AUD/USD pair moved in a tight range on Monday morning as investors assessed the impact of the American jobs data on the Fed policy.
Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of January 10, 2022.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 10, 2021 here.
Start the week of January 10, 2022 with our Forex forecast focusing on major currency pairs here.
The West Texas Intermediate Crude Oil market has rallied again during the trading session on Thursday, as we have broken above the $79 level.