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 NASDAQ 100 initially fell during the trading session on Friday but then turned around to form a bit of a hammer-shaped candlestick.
The gold markets initially fell during the trading session on Friday but then turned around to show signs of life at the bottom of the range of the candlestick from Thursday.
The Australian dollar initially fell during the trading session on Friday but then turned around to show signs of life again.
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Bitcoin markets have rallied slightly during the trading session on Friday but still struggle with the idea of breaking above the $60,000 level.
The British pound fell significantly during the trading session on Friday again, only to turn around and form a bit of a hammer.
The euro initially fell during the trading session on Friday, but then turned around to form a bit of a hammer.
The AUD/USD price dropped by 0.30% in early trading as top commodity prices dropped and as Australia abandoned its vaccination schedule.
The EUR/USD declined slightly as traders refocused on the US inflation numbers set to be released on Tuesday and the rising coronavirus cases in some US states.
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The NASDAQ 100 rallied significantly during the trading session on Thursday, even though the last couple of days have been rather choppy.
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The German index did very little during the trading session on Thursday as we continue to see lackluster performance.
The West Texas Intermediate Crude Oil market has gone back and forth over the last several sessions, but during the Thursday session showed a certain amount of support.