The British pound has been all over the place during the trading session on Thursday as we continue to see a lot of volatility.
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 Euro initially tried to rally during the trading session on Thursday, especially after a few blurbs came out that the UK and the EU were optimistic about reaching some type of Brexit terms.
The silver markets have rallied a bit during the trading session on Thursday, reaching towards the $24 level.
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Bitcoin markets initially tried to rally during the trading session on Thursday but continue to find the $11,000 level to be a bit too much to overcome.
The gold markets rallied significantly during the trading session on Thursday as we continue to see a lot of concern out there when it comes to global growth,
Many countries are reporting an alarming increase in Covid-19 infections. Singapore maintains relative control over the pandemic
Switzerland reports an uptick in Covid-19 cases, but at a smaller pace than most of its European counterparts
After three trading sessions in a row, the EUR/USD pair moved in an upward correction performance that tested the 1.1755 resistance.
The halting of the US dollar's gains contributed to an upward correction in the gold prices towards the $1900 resistance before settling around $1896 per ounce at the time of writing.
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The pair is moving in an upward correction range for six trading sessions in a row, in an attempt to compensate for its recent sharp losses.
The boring performance in limited movements rang remains the most important characteristic of the USD/JPY performance for six trading sessions in a row.
The USD/NOK is trading near the 9.27800 vicinity and this is a remarkably interesting support level.
Only two days ago the USD/ZAR was trading near crucial resistance of 17.20000.
In early trading today the USD/INR has suddenly spiked lower and is near the 73.10000 juncture as values shift with speed.
Although the USD/INR has seen a bearish reversal seemingly take place the past couple of days, technically the Indonesian Rupiah still appears vulnerable to potential higher moves.