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.
Most Recent
Start the week of August 30, 2021 with our Forex forecast focusing on major currency pairs here.
The West Texas Intermediate Crude Oil market has pulled back just a bit during the trading session on Thursday, as the US dollar picked up a bit of strength.
The DAX has fallen a bit during the course of the trading session on Thursday, reaching down below the 15,800 level.
Top Forex Brokers
The IBEX in Spain is a market that I do not always cover, but in the current environment makes quite a bit of sense to do so.
The S&P 500 has pulled back a bit during the trading session on Thursday, as traders will be focusing on the speech by Jerome Powell coming out of Jackson Hole.
The NASDAQ 100 has pulled back a bit on Thursday from all-time highs on Wednesday as we head towards the Jackson Hole meeting.
The Bitcoin market initially tried to rally and recapture the $50,000 level on Thursday, but at the time of writing we had reached as low as $47,000.
Gold markets have gone back and forth during the course of the trading session on Thursday as we await the results of the Jackson Hole meeting.
The Australian dollar has pulled back a bit during the course of the trading session on Thursday as the 0.73 level above continues offer resistance.
Bonuses & Promotions
The British pound has fallen hard during the trading session on Thursday, to break down below the 200 day EMA to the downside again.
The Euro has fallen a bit during the trading session as we wait for the output of the Jackson Hole symposium.
For the second day in a row, gold has given up its strong gains recently, which pushed it towards the resistance level of $1809.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The US dollar is preparing to move against the rest of the other major currencies ahead of the Jackson Hole Symposium after allowing them in recent days to achieve some gains.
The US dollar was temporarily stalled ahead of the Jackson Hole Symposium, allowing the price of the GBP/USD currency pair to correct upwards.
The EUR/USD is trying to correct upwards after plunging to the 1.1665 support level, then rebounding to the 1.1774 resistance level before settling around 1.1760 as of this writing.