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 S&P 500 went back and forth during the course of the trading session on Thursday as we await the results of the jobs figure in the United States.
The West Texas Intermediate Crude Oil market gapped a little bit lower to kick off the trading session on Thursday to show signs of negativity.
The DAX went back and forth during the trading session on Thursday as we continue to see a lot of sideways volatility.
The NASDAQ 100 has gone back and forth during the course of the trading session on Thursday as we await the all-important Non-Farm Payroll figures on Friday.
The US dollar has fallen a bit against the Canadian dollar during the trading session on Thursday to break down below the 1.22 handle.
The Euro rallied significantly during the course of the trading session on Thursday as the 1.20 handle has offered enough support to keep the market going.
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The British pound has gone back and forth during the course of the trading session on Thursday as the Monetary Policy Committee out of the United Kingdom has come and gone
The Australian dollar has fallen initially during the course of the trading session on Thursday but found buyers at the 50 day EMA yet again.
Gold markets rallied rather significantly during the course of the trading session on Thursday to break above the 200 day EMA.
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The bitcoin markets initially tried to rally during the course of the trading session on Thursday but then gave back the gains to show signs of exhaustion.
Gold seems to be capitalizing on the fear surrounding India's dire COVID situation and the potential fallout, which may hinder global economic recovery.
All GBP pairs are awaiting the Bank of England's announcement today, which explains the narrow performance of the GBP/USD since the start of trading this week.