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 USD/CHF is drifting a little bit lower but it’s probably worth noting that the market is in the midst of a major hammer from the previous session.
During my daily analysis of exotic currency pairs, it’s worth noting that the USD/MXN pair has been very strong, as interest rates in America continue to climb.
The US dollar initially rallied a bit during the trading session, and that of course includes the British pound.
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During my daily analysis of major currency pairs, the EUR/USD pair is one that I always check first, and right now it looks like it’s very neutral.
In my daily analysis of major currency pairs, the AUD/USD is what I find very interesting, as we are hanging around the 0.62 level.
The dollar has rallied a bit against the Brazilian Real gaining about 80 basis points during the trading session on Thursday as we continue to see a lot of upward momentum for the greenback.
As I look at the British pound against the Swiss franc, the first thing I notice is that the 1.11 level continues to be a significant support level.
The NASDAQ 100 did try to rally a bit during the course of the early hours on Thursday but really has just petered out as the downtrend line has caused a bit of trouble.
The US dollar rallied fairly significantly during the trading session on Thursday, but you can see we are giving back a little bit at the end of the session.
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The Australian dollar initially did pull back a bit against the Canadian dollar, only to turn around and show signs of life.
As expected, spot gold prices have moved towards the psychological resistance level, reaching $2,702 per ounce today, the highest price in a month
For the second consecutive day, the USD/JPY currency pair has been subject to selling pressure, pushing it towards the support level of 155.21,
Bulls haven't enjoyed the recent rebound gains for long in the GBP/USD pair, which reached the resistance level of 1.2305.
The EUR/USD currency pair's recent attempts to rebound have failed, with gains not exceeding the resistance level of 1.0354. Following the release of US
My previous signal last Thursday was not triggered as there was no bearish price action when the resistance level at $0.6192 was first reached.