The British pound initially tried to rally during the trading session on Friday after a stronger-than-anticipated retail sales number in the United Kingdom.
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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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Gold markets went back and forth during the trading session on Friday as we try to digest some of the gains that we have seen as of late.
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The market looks as if it is waiting to go somewhere, but it does not know which direction that is going to be yet.
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The Bitcoin market sold off rather drastically during the trading session again on Friday, although not as bad as it did on Thursday.
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The EUR/USD retreated after it rose to the highest point this year as the US dollar strengthened broadly.
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The AUD/USD retreated today as the US dollar sell-off gained steam.
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The NASDAQ 100 has broken significantly higher during the trading session on Thursday to break above the 50 day EMA
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The WTI Crude Oil market initially tried to rally during the trading session on Thursday but gave up the gains again as we continue to see a lot of downward pressure in the crude oil market.
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The FTSE 100 initially pulled back just a bit during the trading session on Thursday but then turned around to show signs of strength.
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The S&P 500 has pulled back a bit during the course of the trading session on Thursday to find significant support just above the 50 day EMA.
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The US dollar has fallen again during the trading session on Thursday against the Canadian dollar, as we continue to pressure the $1.20 level.
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The Euro has rallied a bit during the trading session on Thursday to reach towards the 1.22 handle, an area that we have seen a significant amount of resistance over the last couple of days.
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