The US dollar has pulled back a bit during the trading session on Friday as traders go a little bit more “risk on” when it comes to appetite.
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.
Most Recent
The BTC/USD pair initially retreated after western countries announced their new sanctions on Russia during the weekend.
The West Texas Intermediate Crude Oil market initially tried to rally during the day on Friday in a way to continue the overall uptrend.
Top Regulated Brokers
The US dollar has fallen a bit against the Canadian dollar during the trading session on Friday, as there has been a little bit of a relief rally when it comes to risk appetite around the world.
The Bitcoin market was initially positive during the trading session on Friday, as there was more of a “risk on attitude” around the world.
The Euro has rallied a bit heading into the weekend, which of course is a bullish sign.
The AUD/USD pair was a bit volatile on Monday morning as investors assessed the impact of the latest ban of some Russian banks from the SWIFT system.
The DAX futures have gapped higher to kick off the trading session on Friday as a bit of relief has come back into the markets now that the situation in Ukraine seems to be somewhat localized.
The S&P 500 rallied rather significantly during the course of the trading session on Monday to go reaching towards the 200 day EMA.
Bonuses & Promotions
Litecoin has dropped just a bit during the trading session on Friday to reach down towards the $100 level, but at this point in time it looks as if it is going to continue to find interest in this region.
The Ethereum market initially pulled back just a bit during the trading session on Friday but found plenty of buyers just above the $2500 level to keep things stable.
The US dollar has pulled back just a bit during the trading session on Friday against the Singapore dollar, but we are still relatively strong looking
Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of March 1, 2022.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the first week of March 2022 here.
Begin the new trading week with our Forex forecast that focuses on the major pairs.