The GBP/USD rose slightly after the latest US inflation numbers and ahead of the final reading of the UK Q4 GDP data.
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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The West Texas Intermediate Crude Oil market has dropped towards the $63.25 level, only to turn around and show signs of strength again.
The NASDAQ 100 has been the darling of Wall Street for quite some time, but certainly we see traders out there trying to rotate into value stocks,
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The US dollar initially tried to rally during the trading session on Wednesday but gave back the gains in order to form a less than impressive candlestick.
The German index broke above the crucial 14,500 level during the trading session on Thursday, as we continue to see a lot of momentum pile into this market.
The S&P 500 initially pulled back during the trading session on Wednesday but then turned around to show signs of strength ends the treasury auctions went fairly well
The Euro initially pulled back during the trading session on Wednesday, but then turned around to show signs of life again as we have formed a hammer.
The British pound initially pulled back during the trading session on Wednesday to reach towards the uptrend line,
The Australian dollar has pulled back just a bit during the trading session on Wednesday but then found support just below the 50 day EMA.
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The Bitcoin market initially pulled back just a bit during the trading session on Wednesday but then turned around to show signs of strength yet again.
Gold markets initially pulled back just a bit during the trading session on Wednesday but have seen buyers jump back in as yields in the United States started to fall.
DOGE/USD remains a solid speculative endeavor for traders who can master their tactical risk-taking.
UNI/USD is testing important short-term support levels in early trading today and remains an intriguing speculative asset.
ETH/USD has begun trading today with a moderate spike upward followed by a fast decline and traders are now waiting for its next decisive action.
The USD/MXN has begun to decline after its short term bullish move, traders must ponder if the momentum downward will strengthen.