Start the week of June 28, 2021 with our Forex forecast focusing on major currency pairs here.
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 Bitcoin market has rallied a bit during the course of the trading session on Thursday, reaching towards the $35,000 level.
The Ethereum market has rallied just a bit during the trading session on Thursday, as we are approaching a potential bounce in a market that had been oversold right along with Bitcoin.
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The DAX has rallied ever so slightly during the trading session on Thursday as we continue to see the uptrend line offer support.
The NASDAQ 100 rallied during the trading session on Thursday to reach all-time highs again at the 14,425 region.
The S&P 500 has rallied again during the trading session on Thursday to reach towards the 4255 handle, enclosed towards the very top of the range.
The Euro rallied initially during the trading session on Thursday but gave back the gains at the 200 day EMA just as we did during the trading session on Wednesday.
The US dollar has gone back and forth during the course of the trading session on Thursday as we see the Canadian dollar react to a choppy oil trading session.
The British pound has initially tried to rally during the trading session on Thursday but gave back the gains as we had reached towards the crucial 1.40 level
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The gold markets initially tried to rally during the course of the trading session on Thursday, but then turned around to show signs of weakness yet again
The West Texas Intermediate Crude Oil market initially fell during the trading session on Thursday, but then turned around to form a bit of a hammer.
There are continued gains of the dollar due to US Federal Reserve raising interest rates in addition to continued pressure on the yen.
After four consecutive trading sessions the gold price attempted to correct upwards with gains that reached the level of 1795 dollars an ounce.
The price of the GBP/USD currency pair did not suffer from testing the psychological resistance level 1.4000, as it returned to stability around the 1.3950 level at the time of writing.
Since the start of this week's trading, the EUR/USD is trying to correct upwards.