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.
Most Recent
Technical: The Dollar is set to be the dominant currency in the forex market this week, as the banking crisis returns to the forefront. The banking share slump and the bullish Oil prices may hurt the Dollar this week, as traders bet against the greenback.
EURUSD resistance and support remains at the same positions, and none of them were broken yet. In this situation candles are heading towards resistance line at 1.4111, and if it is broken, a positive trend can start.
Gold rose slightly on Thursday as a retreat in the U.S. dollar helped to tempt back some buyers.