The NASDAQ 100 has rallied significantly again during the trading session on Thursday in what looks to be like a never ending pursuit of the stratosphere.
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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 S&P 500 has broken higher during the trading session on Thursday, reaching above the 3700 level.
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The Australian dollar has rallied again during the trading session on Thursday, as the US dollar has gotten hammered.
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Bitcoin shot straight up in the air during the trading session on Thursday, as we continue to see the US dollar get hammered.
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The US dollar has gone back and forth against the Indian rupee over the last week or so, as we hover around the ₹73.51 level.
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The Euro exploded to the upside during the trading session on Thursday, as we continue to see the US dollar get battered on stimulus hopes.
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The British pound broke to the upside during the trading session on Thursday, breaking above the 1.35 handle as we continue to get somewhat positive comments
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The German index has rallied again for the third day in a row on Thursday, as it looks like we are ready to go higher.
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The West Texas Intermediate Crude Oil market has rallied a bit during the trading session on Thursday, as we continue to see the market reach towards the crucial $50 level.
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Gold markets rallied significantly during the trading session on Thursday, reaching towards the $1900 level before pulling back.
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The GBP/USD surpassed its highest levels since April of 2018.
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The increasing pressure on the US dollar gives the EUR/USD an opportunity to continue achieving stronger gains.
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Ahead of the Bank of England's announcement of its monetary policy decisions on Thursday, the GBP/USD currency pair is benefiting from investor risk appetite and the dollar’s collapse.
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Sharp losses in the US dollar were a major factor in the rise of gold and silver futures, especially after the conclusion of the monetary policy meeting of the US Federal Reserve Board.
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The USD collapse continued amid the weak performance of the US economy, the stumbling of stimulus negotiations and the wave of risk appetite that dominates global financial markets with the beginning of COVID-19 vaccinations.
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