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
Political intrigue has been a strong discussion point among many analysts regarding the outlook for the EUR/USD.
Bitcoin holds $56.5K, Silver near $31, DAX targets €19K, EUR/USD strong at 1.09, S&P 500 above 5600, and more insights.
In my daily USD/SEK analysis, it’s easy to see that the market has been very volatile, as we initially plunged during the trading session, only to turn around and show signs of life
Top Forex Brokers
In my daily analysis of the AUD/JPY currency pair, I can see that this asset has been completely wiped out for the session, which makes sense considering that the Bank of Japan has admitted to intervening.
In my daily analysis of the USD/SGD pair, I noticed that we have broken down below the 1.3450 level, which of course is a large significant support level, which we have seen a lot of buyers at previously.
In my daily euro analysis, it's easy to see that the 1.09 level continues to be a massive barrier in this market as we slammed directly into it, only to give up the gains at this point in time.
The US dollar was hammered during the trading session on Thursday as I continue to look at this pair during my daily USD/CNH analysis.
In my daily analysis of the S&P 500, it's worth noting that we have a significant miss in the consumer price index numbers in America, and we have seen absolute panic since then.
In my daily EUR/CAD analysis, it’s hard not to notice that the euro has broken out against the Canadian dollar.
Bonuses & Promotions
This is a market that looks like it's trying to fall apart, but quite frankly, I'm not impressed and the reason I say that is that the interest rate differential is still massive.
I can see that we still have no idea what to do with this so-called asset at this point in time.
In my daily analysis of the Australian dollar, it's easy to see that there is a lot of positivity to this currency market right now.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The lira is trading near its lowest levels ever, near 33 liras per dollar.
The EUR/USD price is stable around the 1.0840 level, amid attempts to rebound higher, but it lacks the momentum to achieve this.
A recent rally in GBP/USD has once again stalled after hitting a well-known technical barrier and Jerome Powell's sober assessment of the likelihood of rate cuts.