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 Bitcoin market rallied during the trading session again on Thursday after initially dropping a bit.
The US dollar/Canadian dollar pair has been sideways during most of the trading session on Thursday, which makes quite a bit of sense considering that the oil markets were relatively quiet as well.
The S&P 500 has done very little during the trading session on Thursday as we continue to simply kill time after the most recent shot higher.
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Gold markets broke down during the trading session on Thursday to reach down towards the 200 day EMA.
Dogecoin has seen its luster grow the past week of trading as it achieved record highs on Sunday and Monday after finding itself the beneficiary of abundant media coverage.
The past two days of trading have seen ETH/USD slow its record setting pace as it languishes within the higher value band of its record territory.
The USD/ARS remains a long-term buy for speculators with the capability to hold onto positions and manage their risks.
The USD/SGD has regained strong momentum downward and its ability to sustain lower values should be watched intently.
At the beginning of Thursday's trading, the price of gold stabilized around the $1835 level after the dollar's decline had pushed it towards the resistance level of $1855.
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The strong bullish momentum of the GBP/USD pair continues as it tested the 1.3865 resistance, its highest since April 2018, and settled near it as of this writing.
The turmoil regarding US economic stimulus plans continues to weaken risk sentiment towards the dollar.
Throughout this week's trading, the EUR/USD, was in a bullish correctional range, which pushed it to the resistance level at 1.2144 before settling around 1.2126 as of this writing.
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The West Texas Intermediate Crude Oil market fluctuated during the course of the trading session on Wednesday as we have tested the $59 level.
The US dollar went back and forth during the course of the trading session on Wednesday as we hang around the 1.27 level.
The FTSE 100 fluctuated during the course of the trading session on Wednesday, as we have been flirting with the 50-day EMA.