EUR/USD: Very strong resistance holding at 1.1775
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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 Euro fell during most of the session but did find marginal support at the 1.17 level.
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The gold markets have gone back and forth during the trading session on Friday, essentially deciding nothing at the 50 day EMA.
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The West Texas Intermediate Crude Oil market has fallen a bit during the trading session on Friday, reaching down towards the $37 level, only to bounce slightly towards the end of the day.
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British pound traders were all over the place during the trading session on Friday as the jobs number came out and word got out that Donald Trump has contracted the coronavirus.
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The NASDAQ 100 broke higher during the trading session on Thursday, slicing through the 11,500 level.
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The US dollar went higher initially during the trading session on Thursday but continues to struggle near the ¥106 level.
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The S&P 500 has rallied a bit during the trading session on Thursday but gave back the gains as we got closer to the 3400 level.
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The Australian dollar has rallied significantly during the trading session on Thursday, reaching towards the 0.72 level where we do have a bit of trouble.
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The West Texas Intermediate Crude Oil market has broken down significantly during the trading session on Thursday, slamming into the $38 region.
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The British pound has been all over the place during the trading session on Thursday as we continue to see a lot of volatility.
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The Euro initially tried to rally during the trading session on Thursday, especially after a few blurbs came out that the UK and the EU were optimistic about reaching some type of Brexit terms.
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