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 recovery of the US dollar did not prevent gold from achieving gains at the resistance level of $1871 as of this writing.
BTC/USD ripe for a breakout after a week of consolidation
Despite the recovery of the USD, the GBP/USD pair stabilized around the 1.3650 level during Thursday's session, after the previous session's gains from the 1.3718 resistance level.
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Euro continues to grind ahead of ECB decision
With the inauguration of President Joe Biden and the end of the Trump era, which had brought unprecedented economic success to the US, the USD still received some support, though likely temporary.
Notable that AUD is not leading the “risk” currencies.
With the inauguration of US President Joe Biden, the US dollar gained some support and gains against the rest of the other major currencies.
Price hits new 2.5-year high above 1.3700
Few companies have achieved the global renown that Tesla (NYSE: TSLA) has achieved in only thirteen short years since its founding.
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The Nikkei 225 opened with a spike higher this morning, but was promptly sold off with a reversal lower.
ETH/USD recorded record highs yesterday and the cryptocurrency is gaining more attention.
The USD/MXN has begun to demonstrate an ability to sustain lower values, which are also important long-term support levels.
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Gold prices rose again and stabilized around $1855 as of this writing
Despite the recent strength of the US dollar, the GBP/USD pair rose to stabilize around the 1.3670 level as of this writing.