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 greenback continues to levitate against the Japanese yen as we head towards a Bank of Japan meeting during the early hours on Friday.
The United States dollar continues to find support against the Swiss franc, despite the fact that the PPI numbers in the early hours on Thursday were complete miss.
Bitcoin has fallen just a bit during the early trading session on Thursday but it appears that we continue to hang on to the $67,000 level.
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The US dollar has been all over the place during the trading session on Thursday as the PPI numbers came out weaker than anticipated.
The German index fell rather hard during the trading session on Thursday as we plunged towards the 18,250 euro level.
The British pound has rallied a bit against the Japanese yen, but really at this point in time, it is giving back quite a bit.
The Euro fell a bit during the trading session on Thursday as the 1.08 level seems to be a little bit much to overcome.
The S&P 500 initially tried to rally, but we have pulled back just a bit during the trading session on Thursday as the PPI numbers were lower than anticipated.
Silver has fallen pretty significantly during the trading session on Thursday but has turned around to show signs of life.
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The USD/TRY pair has maintained its stability without any significant changes. Recently, the pair has continued to move at the same levels for the third month in a row, confirming the controlled movement of the Turkish currency.
The USD/JPY pair's upward trajectory took a temporary pause after the release of lower-than-expected US inflation figures.
GBP/USD surges to its highest level since March as US inflation cools.
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Gold price maintains its gains above $2,340 an ounce, extending its recovery from over a month low of $2,290 an ounce.
The British pound initially fell against the Swiss Franc to show signs of negativity, but we have turned right back around to show signs of life again.
The US dollar has fallen over 6/10 of a percent against the Singapore dollar, which is a significant move considering that the pair does not tend to be overly volatile.