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 Turkish Lira rose slightly during early trading on Thursday. While the pair continued to trade in the same limited range around 34.20 levels throughout
Gold prices stabilized around $2,655 per ounce today, Thursday, remaining relatively close to their all-time highs as the escalating crisis in the Middle East
The Japanese yen depreciated to around 147.20 yen against the US dollar today, Thursday, hitting a month-low after new Japanese Prime Minister Shigeru Ishiba
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The US dollar has recently rebounded amid risk-off sentiment fuelled by geopolitical tensions, particularly in the Middle East, causing the GBP/USD currency
The EUR/USD currency pair has been declining since the beginning of the week due to risk-off flows, weak September inflation figures in the region, and mixed
The GBP/USD exchange rate pulled back sharply as investors embraced a risk-off sentiment in the market.
The EUR/USD exchange rate retreated for four consecutive days, reaching its lowest point since September 12 as the US dollar comeback continued.
On my daily analysis of the yen -related currency pairs, I noticed that the AUD/JPY pair has rallied rather significantly to reach above the ¥100 level.
The Australian dollar pulled back on Thursday, continuing a trend that has been going on after it peaked at 0.6942.
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During my daily analysis of major currency pairs, the USD/CAD pair captures my attention due to the fact that we are heading toward a major support level.
Bitcoin suffered a harsh reversal this week after finding a strong resistance at $66,000 last week.
The US dollar is seeing increased demand at the start of the new month and quarter, buoyed by the latest guidance from Federal Reserve Chair Jerome Powell regarding US interest rates.
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The EUR/USD exchange rate is poised to decline for the third consecutive day, driven by a decline in September's Eurozone inflation figures and diverging communications between global central banks.
The downwards momentum in the NZD/USD the past two days of trading has brought the currency pair back to curious technical support ratios which are likely to attract speculative wagers.
The price of gold has rebounded above $2,670 per ounce after two consecutive sessions of decline.