The Euro has rallied significantly during the trading session on Thursday, showing signs of even more strength
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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Looking at the British pound, you can see that we are plainly rallied significantly during the trading session on Thursday.
The NASDAQ 100 continues to see a lot of noise as there are concerns about what the rate cuts mean out of the Federal Reserve.
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The S&P 500 is going to be a complete mess during the day on Friday if the last couple of sessions have been any indication.
The Australian dollar has fallen during a large portion of the session, but as you can see, we turn right back around to show signs of life again.
The natural gas markets initially tried to rally during the trading session on Thursday, but then has broken down yet again.
The German index has fallen again during the trading session on Thursday, as the market has been very noisy to say the least.
The West Texas Intermediate Crude Oil market initially tried to rally during the trading session on Thursday but gave back the gains to show signs of extreme exhaustion.
Gold markets look extraordinarily bullish heading into the jobs figure on Friday, breaking above the $1650 level without much hesitation.
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Trade talks between the EU and the UK are closing the first week with significant differences, a development that was widely expected.
New Zealand announced that it is prepared to jump-start $12 billion worth of infrastructure projects to indirectly stimulate the economy,
The Japanese yen is still the strongest safe haven followed by investors in light of the continuing global concerns about a bleak future for the global economy due to the spread of the deadly Coronavirus in more than 60 countries around the world.
Despite the gains in the global stock markets after the recent measures by the global central banks to ease monetary policies, the price of gold maintained its recent gains near its highest level in seven years.
For the second straight day, the GBP/USD pair is trying to compensate for the losses that pushed it towards the 1.2726 support, its lowest level in more than four months.
AUD/USD: Increasingly likely that the price put in a medium-term bottom