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 Australian dollar has been very bullish during the trading session on Friday, breaking above the massive 0.78 resistance level which has been such a problem for some time.
Gold markets fluctuated during the course of the trading session on Thursday as we have heard a lot of noise just above the crucial $1750 support level.
The Bitcoin market initially pulled back a bit during the trading session only to turn around and show further buying pressure.
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The DAX index reached towards the 14,000 level during the trading session on Friday but then gave back some of the gains in order to form a less than enthusiastic candlestick.
The FTSE 100 initially tried to rally during the trading session on Friday but then fell back from the 6600 level to finally fill the gap that I mentioned yesterday.
The BTC/USD price pulled back after it reached an all-time high of $58,380.
The EUR/USD is little changed as traders digest the recent EU and US economic numbers and look forward to the ongoing stimulus talks.
The GBP/USD pulled back on Monday morning as traders digested the latest flash Purchasing Managers Index (PMI) and the upcoming stimulus in the US.
The AUD/USD erased some of the gains made on Friday as Australia started its vaccination roll-out.
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The FTSE 100 has fallen rather hard during the trading session on Thursday to break down below the 6600 level.
The German index initially fell during the trading session on Thursday but has turned around to show signs of life again just below the 13,900 level.
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The NASDAQ 100 has broken down significantly during the trading session on Thursday to turn around and form a massive hammer.
The S&P 500 has pulled back a bit during the course of the trading session on Thursday only to turn around and form a bit of a hammer.
The Euro has bounced a bit during the trading session on Thursday to reach towards the 50 day EMA as the 1.20 level has offered significant support.