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 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 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.
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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.
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.
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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.
Gold prices rose sharply during yesterday's trading, ending a 4-day series of losses, as the yields of long-term US Treasury bonds and government bonds in the Eurozone decreased and the dollar trimmed some of its recent gains.
After the GBP/USD fell to the support level of 1.3777 at the beginning of this week's trading, its lowest in nearly a month, the pair actually began to rebound higher.
The announcement of the decline in Japanese economic growth gave the USD/JPY additional impetus to complete the correction to the upside.
A temporary stall in the gains of the US dollar contributed to a limited upward correction for the EUR/USD since yesterday's trading.