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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In my daily EUR/GBP analysis, I can see that the euro has initially fallen during the early hours on Thursday only to turn around and show signs of life again.
In my daily AUD/CHF analysis, I recognize that we have an Australian dollar that has gone straight up in the air for the last couple of weeks, but it is starting to get overbought by just about any metric.
In my daily Copper analysis, I recognize that this asset could be on the verge of breaking out to the upside.
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The British pound has rallied rather significantly during the course of the trading session on Thursday but gave back gains above the 1.15 level.
The German DAX has rallied again during trading on Thursday as we continue to see a lot of support.
The Swiss franc initially pulled back just a bit against the Japanese yen during the trading session on Thursday, but then turned around to show signs of strength.
Bitcoin has fallen a bit against the US dollar during the trading session on Thursday as we continue to see a lot of negativity.
The Thursday session was rather quiet in the US dollar against the Canadian dollar currency pair, which makes quite a bit of sense due to the fact that it was Independence Day.
USD/TRY currency pair stabilized during the morning of Thursday, as the pair traded in the same range it recorded after the inflation data released yesterday.
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The euro against the dollar (EUR/USD) found an opportunity to move higher following investor reaction to the minutes of the latest Federal Reserve meeting.
The dollar weakened after a weekly survey showed an increase in the number of US jobless claims, but selling interest had already peaked after the ISM services survey showed an unexpectedly sharp slowdown in activity.
The Japanese yen fell to around 162 yen against the dollar, falling further to its lowest level since 1986, keeping markets wary of further government intervention.
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Gold prices rose to $2365 an ounce during yesterday's trading session, hovering near their highest level in a month.
The Hang Seng 50 has rallied pretty significantly during the trading session on Wednesday as Hong Kong has seen money flowing back into it.
The US dollar has fallen pretty significantly during the trading session on Wednesday, as it looks like we continue to consolidate against the Mexican peso overall.