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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Gold markets have fallen a bit during the course of the trading session on Thursday to dip down below the 200 day EMA, reaching down towards the $1800 level.
The FTSE 100 initially dropped a bit during the trading session on Thursday but continues to look above at the 7100 level as an area that could be crucial.
The S&P 500 has rallied to reach towards the 4420 level during the trading session on Thursday, as we are likely to try to break out to the upside.
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The DAX initially pulled back ever so slightly during the trading session on Thursday but has seen quite a bit of buying pressure to push the market to the upside.
The NASDAQ 100 has rallied again during the trading session on Thursday, to break out to all-time highs.
The West Texas Intermediate Crude Oil market has bounced ever so slightly during the trading session on Thursday, which is a good sign.
US dollar has fallen a bit against the Canadian dollar during the trading session on Thursday, to reach down towards the previous uptrend line.
Bitcoin has had a rather choppy and volatile session on Thursday, as we initially reach down towards the 50 day EMA only to find buyers in that area.
The Euro initially tried to rally on Thursday but gave back the gains as we continue to see a bit of a struggle when it comes to the upward momentum.
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The British pound has rallied a bit during the course of the trading session on Thursday, bouncing from the 50 day EMA yet again.
The USD/ZAR price is attempting to rebound after it dropped to the lowest level in a month on Wednesday.
The USD/BRL is stuck in a horizontal range even after the relatively hawkish Brazilian Central Bank (BCB).
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Between the continuation of investors to buy safe havens, with fears of the rapid spread of the Corona Delta variable, the price of gold succeeded in moving strongly upwards to the resistance level of 1832 dollars an ounce.
After a strong bearish momentum recently, the price of the USD/JPY currency pair pushed down to the 108.72 support level, the lowest in more than two months.
Yesterday, the forex currency market witnessed some activity, in contrast to the quiet performance in the beginning of trading.