The S&P 500 had a small rally during Thursday's trading session, and it seems like the loose monetary policy of the Federal Reserve will continue to be a major factor.
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 EUR/USD had an impressive performance in Thursday's trading session, surging skyward and setting its sights on the crucial 1.10 level.
Ethereum has been on a roll lately, and it's not just a fluke.
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Crude oil markets have recently experienced a rally during the early Thursday trading session.
The AUD/USD experienced a significant rally early in Thursday's trading session, displaying signs of vitality and suggesting the possibility of an upward movement.
Bitcoin's recent trading activity has been a topic of much interest, especially during Thursday's session.
The USD/JPY had a bit of a tough time during the early hours of Thursday's trading session, slipping below the ¥142 level.
Silver had a good day in trading on Thursday, climbing above the $24 level.
The gold market has been experiencing a surge in recent times, and it appears to be on the verge of reaching the $2050 mark.
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The GBP/USD has rallied very rapidly during the trading session on Thursday, as we are now above the 1.2750 level.
The USD/TRY stabilized during early trading on Thursday morning near its highest levels ever.
The USD/JPY is trading at depths last seen in late July of this year, after the currency pair reacted to yesterday’s U.S Federal Reserve ‘new’ rhetoric and dove lower.
The NZD/USD reacted to the U.S Federal Reserve’s FOMC Statement with a swift wave of buying late yesterday, and this morning’s action is testing values seen half a year ago.
Since mid-trading this week, the price of the EUR/USD currency pair has been trying to rebound higher.
After the US central bank's decision yesterday, the Japanese yen rose by more than 1% against the US dollar as traders intensified their bets on stronger US rate cuts by the Federal Reserve in 2024 therefore, with their speculation on the timing of the Bank of Japan's exit from negative interest rates, USD/JPY fell 1.3%, extending losses to the 140.95 support level, the pair's lowest level in four months.