You can see that the S&P 500 looks very strong. I think at this point in time we will continue to see a lot of buyers coming in on dips to take advantage of the value that appears on each pullback.
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 Nasdaq 100 rallied rather significantly during the trading session here on Thursday.
The Aussie dollar has rallied rather significantly early during the trading session on Thursday.
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Bitcoin has initially pulled back just a bit during the trading session on Thursday, but then turned around to show signs of life again.
The US dollar fell against other major currencies after the ISM Services PMI survey showed a slowdown in momentum, raising hopes that the Federal Reserve will cut interest rates for the first time in June.
According to recent trading, the EUR/USD exchange rate was softer after inflation data for March declined, but it is important to keep in mind that there are inflationary trends that will limit any weakness.
The first interest rate hike in Japan in 17 years failed to provide the support policymakers were hoping for, as analysts point to four main reasons for the currency's current weakness.
This is a new record bullish trading week for the gold market. Even with the rise in the price of the US dollar, the price of gold rose towards the new historical psychological resistance of $2,300 per ounce.
USD/TRY pair fell in early trading on Wednesday, despite the negative inflation data released earlier in the day.
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The WTI crude oil market rallied a bit during the early hours on Wednesday, as we continued to chip away at the resistance around the $85 level.
You can see that the US dollar rallied a bit during the course of the trading session on Wednesday, as we continue to threaten the crucial ¥152 level.
US Dollar has technical reason to fall further.
The Nasdaq 100 was somewhat soft during the early hours on Wednesday, but I think a lot of what you are seeing right now is the market trying to get ahead of the jobs report.
As of this morning’s writing the USD/PKR is near the 277.8537 mark per the official Pakistan government listed price.
The currency pair is occupying high water marks not seen since November.