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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Following a breakout above its support zone, the USD/CHF extended its advance and pushed above its descending 38.2 and 50.0 Fibonacci Retracement Fan Resistance Levels, turning them into support.
Downside pressure has increased following yesterday’s ECB announcement which was the last one under Draghi who will leave the central bank,
While bullish momentum in the NZD/USD deflated after being rejected by its resistance zone, the longer term fundamental picture points towards an extension of the advance.
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The British pound initially try to rally during the training session on Thursday but then broke down rather significantly.
The S&P 500 has done very little during the trading session on Thursday, as we continue to press the all-time highs.
During the trading session on Thursday, the Euro went back and forward and all over the place as one would expect
The Australian dollar has broken down during the trading session on Thursday, breaking the bottom of the hammer from the Wednesday session, showing support giving way.
The NASDAQ 100 has gapped higher to kick off the trading session on Thursday, reaching towards the 8000 level above
The US dollar went back and forth during the trading session on Thursday, as we continue to grind just below the 200-day EMA against the Japanese yen.
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Natural gas markets have exploded to the upside during the trading session on Thursday, as the $2.40 level was left behind.
Bitcoin markets have done very little during the trading session on Thursday, as we hover around the $7450 level, and at the bottom of the huge red candle that made up the Wednesday session.
Gold markets have rallied a bit during the trading session on Thursday, breaking the downtrend line from the larger wedge that I have marked on the chart.
The West Texas Crude Oil market continues to see a lot of bullish pressure, and it’s only a matter of time before we break out to the upside.
For three consecutive trading sessions, the EUR/USD has been subjected to a bearish correction that pushed it towards the 1.1106 support and failed to continue with its recent gains
Instability dominates the Pound's performance against other major currencies as investors disperse the rapid and successive developments of Brexit.