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 British pound rallied slightly during the trading session on Friday as we closed out the week testing the 1.33 handle again.
The euro initially tried to rally during the trading session on Friday, but continues to see a lot of noise right around the 1.19 level that extends to the 1.20 level.
The West Texas Intermediate Crude Oil market had initially rallied during the trading session on Friday, but we continue to see the $43 level above offer resistance.
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The Aussie dollar fluctuated during the course of the trading session on Friday but had a generally positive tone.
The US dollar rallied slightly during the trading session on Friday, reaching towards the ¥104 level.
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The S&P 500 has fallen significantly during the trading session on Thursday, reaching down towards the 3500 level.
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The NASDAQ 100 initially pulled back a bit during the trading session on Thursday, as we continue to see the resistance above the 12,000 level.
The US dollar initially tried to rally during the trading session on Thursday, breaking above the ¥104 level.
The Australian dollar initially fell during the trading session on Thursday but found support underneath at the 0.7250 level.
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The West Texas Intermediate Crude Oil market has initially dipped during the trading session on Thursday but has turned around to form a slightly bullish candlestick as it is like a miniature hammer.
With the second wave of the Covid-19 pandemic pushing Germany closer to a fourth-quarter recession, the implemented lockdown announced by Chancellor Merkel may extend
South African President Cyril Ramaphosa tried to drum up support for foreign direct investment during the third South Africa Investment Conference (SAIC).