Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of May 3, 2021.
Technical Analysis
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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Technical Analysis
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of May 3, 2021 here.
Technical Analysis
Start the week of May 3, 2021 with our Forex forecast focusing on major currency pairs here.
Technical Analysis
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Dogecoin: Speculators Enjoying Bullish Momentum and Rewards
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USD/ZAR: Challenge of Support Creates Fresh Rand Price Range
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USD/INR: Difficult April Over, Speculators Look Forward
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Bitcoin: Speculators Disappointed by BTC/USD Price Action?
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The Bank of Canada has recently announced that they were going to taper from the bond purchase program, and that of course is a very bullish sign for the currency itself.
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The German index broke down significantly during the course of the trading session on Thursday but then found support just above the 15,000 level
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The NASDAQ 100 has gone back and forth during the trading session on Thursday as we continue to see a lot of volatility.
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The West Texas Intermediate Crude Oil market has rallied a bit during the course of the trading session on Thursday to test the $65 level.
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The Euro initially tried to rally during the trading session on Thursday but gave back the gains to form a bit of a shooting star
Technical Analysis
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The S&P 500 had initially pulled back a bit during the course of the trading session but then turned around to break above the 4200 level.
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The Australian dollar has initially tried to break above the 0.78 handle, only to turn around and started falling again.
Technical Analysis
Gold markets initially tried to rally during the course of the trading session on Thursday but failed to continue going higher at the 200 day EMA as it continues to be quite resistive.
Technical Analysis