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 WTI Crude Oil market found significant resistance above at the $57.50 level, as we continue to see massive supply at this area that had kicked off the last leg lower.
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The US dollar went back and forth during the trading session on Friday, as we see a lot of resistance at the 200 day EMA.
The S&P 500 rallied a bit during the trading session on Friday, testing the 2800 level for major resistance.
The Euro has gone back and forth during trading on Friday, as we continue to show a lot of choppiness.
Bitcoin rallied a bit during the trading session on Friday, reaching towards the $4000 level.
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The Euro went back and forth against the US dollar during trading on Thursday, as we continue to struggle near the 1.1350 level.
Bitcoin rallied initially during the trading session on Thursday but found resistance again at the $4000 level.
The WTI Crude Oil market pulled back during Thursday’s trading, as we continue to see a lot of resistance at the $57.50 level.
The US dollar rallied a bit during the trading session after initially falling on Thursday, but overall we continue to meander in the same area that we have been in for some time.
The S&P 500 rallied a bit during the trading session initially on Thursday but then sold off as soon as we hit the 2800 level.