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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Last week was dominated by action in the Forex market, with a weak Japanese Yen and a strong Australian Dollar.
The West Texas Intermediate Crude Oil market has been rather bullish during most of the month of June.
The US dollar has been very bullish during the bulk of the month of June, but now it looks like we are at a major crossroad.
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NASDAQ 100 traders have been all over the place during the last couple weeks, but the overall attitude has been very bullish.
Gold markets have been very noisy during the month of June, as we continue to test a major support level.
Bitcoin has been rather negative during the month of June.
The election results in France which will be seen late tonight and into Monday morning, this will likely impact the EUR/USD.
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The commodity essentially closed near values it tested from Monday until Thursday of last week.
Get the weekly Forex forecast for major currency pairs for the week of July, 01-06, 2024 here.
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The US dollar has been very choppy during trading on Thursday as we continue to see a noise around the 18.35 MXN level.
The gold market rallied quite significantly during the early hours on Thursday, as we continue to demand quite a bit of support of the $2300 level.