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 EUR/USD climbed above parity last week and sustained upwards momentum, this as the weekend came into sight while the Forex pair continued to challenge resistance.
The GBP/USD continued to march upwards last week as the currency pair has not only fought off lows, but has begun to come within sight of ‘accepted’ price equilibrium.
The S&P 500 has taken off to the upside after the CPI number in the United States came out lower than anticipated.
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Overnight local Indian time, the Americans reported that CPI numbers came out at 0.4% month over month, instead of the 0.6% expected.
The NASDAQ 100 shot straight up in the air during the trading session on Thursday as the CPI numbers in the United States came out lighter than anticipated.
The DAX rallied rather significantly during the trading session on Thursday as we continue to the upside after CPI numbers in the United States came down.
The BTC/USD has rallied a bit during the trading session on Thursday, reaching the crucial $18,000 level.
The West Texas Intermediate Crude Oil market initially drifted a bit lower during the trading session on Thursday but has turned around to show signs of life as the US dollar has been smashed.
The USD/JPY has fallen rather hard during trading on Thursday to reach down to the ¥142 level after the CPI figures coming out of the United States were 0.4% month over a month instead of the 0.6% expected.
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The USD/ZAR has fallen hard during the trading session on Thursday, as the CPI numbers in the United States fell rather significantly.
The gold market has shot straight up in the air during the trading session on Thursday as we continue to see a lot of volatility.
The EUR/USD bounced quite significantly during the trading session on Thursday, as we had touched the 50-Day EMA and then turned to the outside.
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Sign up to get the latest market updates and free signals directly to your inbox.Until the announcement of the most important US data today, the price of the euro currency pair against the US dollar EUR/USD succeeded in rebounding higher
Before the announcement of important US inflation figures, the price of the US dollar against the Japanese yen is trying to recover from its recent losses.
With the return of the US dollar's recovery, the GBP/USD currency pair was the most negatively affected