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 S&P 500 gapped lower to test the 3900 level, an area that previously had been resistant.
In India, we have seen a nice rally over the last several weeks in the equity market, and the Nifty 50 has reflected this.
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The NASDAQ 100 has dipped during the trading session on Thursday to reach down to the 50-Day EMA.
The EUR/USD has pulled back during the trading session on Thursday as the 200-Day EMA has come back into the picture, with the 1.0350 level is an area that a lot of people are paying attention to as well.
The BTC/USD market has done very little during the trading session on Thursday as we continue to hang around and try to figure out whether the FTX fraud is going to continue to cause contagion in the crypto markets.
The West Texas Intermediate Crude Oil market has fallen during trading on Thursday, as more concerns about demand enter the marketplace.
The USD/CHF has rallied a bit during the trading session on Thursday to break above the 0.95 level again, suggesting that we are going to reenter the consolidation area that we have been in for a while.
The USD/CAD has rallied a bit during the trading session on Thursday but has given back some of the gains once we got to the 1.34 level.
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Gold markets have struggled a bit during the trading session on Thursday, as we are threatening to break back through the 200 Day EMA.
The DAX has been back and forth all day during the trading session on Thursday, as we have seen tight consolidation all week.
Since the start of this week's trading, the price of the euro currency pair against the US dollar, EUR/USD, has stabilized around its strong gains.
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Despite announcing the rise in British inflation to its highest level in 41 years, the GBP/USD stopped the upward path at the 1.1942 resistance level.
For the fourth day in a row, the bears fail to push the USD/JPY currency pair below the support level of 137.67.
The price of the TRY/USD stabilized during the early trading Thursday, as the Turkish Central Bank kept control of the currency rate, no longer moving due to economic data, but according to the interventions of the Central Bank of Turkey.