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 GBP/USD exchange rate continued its downtrend as odds of a more dovish Federal Reserve eased after the recent economic data and minutes.
The EUR/USD pair has been in a strong downward trend in the past two weeks as the US dollar index staged a strong comeback.
During my analysis of the AUD/USD pair, it seems the market is attempting to form a bottom in this region.
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The Federal Reserve's interest rate decisions will be key as traders consider future cuts. Meanwhile, the Bank of England faces growth challenges after a slow period.
In my daily analysis of minor currency pairs, the EUR/NZ the pair has looked a little bit lackluster over the last 24 hours, but quite frankly this is a market that had gotten far too ahead of itself.
The Euro has bounced significantly from the 0.9350 level, which has proven to be a strong support area multiple times.
The market experienced a week of mixed performance, with some currencies showing signs of potential reversals while others faced continued volatility.
The GBP/USD went into this weekend challenging the lower part of its weekly and monthly price range, this as shifting and nervous sentiment continues to cause a storm in Forex.
WTI Crude Oil went into the weekend near the 75.645 ratio as traders kept the commodity in the higher elements of anxious price realms as Middle East concerns and Hurricane Milton roared.
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During my daily analysis of the EUR/USD pair, I noticed that we are at a couple of major areas that could come into the picture and offer a bit of volatility.
During my daily analysis of major currency pairs, the USD/CHF pair still garners quite a bit of attention, as it looks like it is trying to give us a signal as to where the US dollar may go longer term, or perhaps even more importantly, where the Swiss franc well.
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The Nikkei 225 fell a bit during the trading session on Thursday, as we continue to watch this index very carefully.
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During my daily analysis of the gold market, I continue to look at the upward trajectory as being important, and the market pulling back to the $2600 level is being met by quite a few buyers.
As you can see, the British Pound has pulled back just a bit during the trading session on Thursday as we continue to dance around the 1.30 level.
The Canadian dollar initially tried to rally against the yen, but then fell rather hard as we continue to see a lot of volatility.