For four trading sessions in a row, the bulls succeeded in controlling the performance of the GBP/USD currency pair.
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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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By the end of last week's trading, XAU/USD gold price reversed its bullish path, which pushed it towards the $1983 resistance level.
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The odds of a US rate hike in June remain low as the latest US jobs report will give the Federal Reserve a reason to pause and suggest that the recent setback for the dollar could extend.
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The TRY/USD opened the weekly trading with more losses after data revealed that the trade deficit in Turkey increased by 18.8 percent over the past month, on an annual basis, to reach $12.66 billion.
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The USD/JPY exhibited a modest rally during Friday's trading session, driven by the Non-Farm Payroll announcement.
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During the Friday trading session, the AUD/USD rallied noticeably, exceeding the 0.66 level quickly.
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The silver market initially rallied during the Friday trading session, hitting the 50-Day Exponential Moving Average early in the session.
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The GBP/JPY demonstrated a remarkable rally against the Japanese yen during Friday's trading session.
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The USD/MXN is trading near the 17.57000 value of this morning with its typical fast-paced results being demonstrated.
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The NASDAQ 100 rallied significantly during the trading session on Friday after the better-than-anticipated jobs number coming out of the United States shipped the market.
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The USD/ZAR has produced plenty of speculative drama in the past week.
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The gold futures market began with an initial attempt to break above the $2000 mark, only to reverse direction and demonstrate negative tendencies.
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One of the unique aspects of the Non-Farm Payroll announcement day is its inevitable interpretation variability by traders.
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The price remains within a wide descending price channel, although it is lower, so is not close to either trend line.
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West Texas Intermediate (WTI) crude oil exhibited a significant rally during the Friday trading session, inching closer to the significant $72 level.
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