The AUD/USD price dropped by 0.30% in early trading as top commodity prices dropped and as Australia abandoned its vaccination schedule.
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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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The EUR/USD declined slightly as traders refocused on the US inflation numbers set to be released on Tuesday and the rising coronavirus cases in some US states.
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The NASDAQ 100 rallied significantly during the trading session on Thursday, even though the last couple of days have been rather choppy.
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The FTSE 100 has gapped higher to kick off the trading session on Thursday to reach towards the most recent high.
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The German index did very little during the trading session on Thursday as we continue to see lackluster performance.
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The West Texas Intermediate Crude Oil market has gone back and forth over the last several sessions, but during the Thursday session showed a certain amount of support.
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The S&P 500 has rallied slightly during the trading session on Thursday to show signs of strength again, as we continue to see a push to the upside.
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The Euro has turned around a break slightly above the shooting star from the previous session on Wednesday, as it continues to see massive inflows.
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The British pound initially tried to rally during the trading session on Thursday but found the 50 day EMA to be a bit too much to get above.
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The Australian dollar has rallied a bit during the course of the trading session on Thursday to reach towards the 50 day EMA above.
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The gold markets have broken out above the $1750 level during the trading session on Thursday to reach towards the 50 day EMA.
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Bitcoin markets have rallied a bit during the trading session on Thursday to show signs of life again.
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