Stock markets fell this week on expectations of higher US rates, and fears that the war between Hamas and Israel will widen into a full-scale conflict involving other actors, potentially including the USA.
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
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
The USD/NOK initially tried to rally during the course of the trading session on Thursday, but it seems like it’s hitting a potential significant resistance barrier against the Norwegian Krone.
Top Regulated Brokers
The S&P 500 embarked on a roller-coaster ride in early overnight trading, displaying initial weakness but signaling potential for a rebound during Thursday's trading session.
The silver market underwent a series of fluctuations during the recent trading session, offering traders both opportunities and challenges.
The gold market experienced a notable pause during the recent trading session, reflecting a complex interplay of factors that are currently shaping its trajectory.
The EUR/USD showed a slight rally during Thursday's trading session, but the market remains turbulent.
The AUD/USD experienced a substantial decline during Thursday's trading session, revisiting familiar lows that have become a recurring theme.
In Thursday's trading session, the British pound initially experienced a decline against the Japanese yen but quickly rebounded, signaling its resilience.
Bonuses & Promotions
In the crude oil markets, Thursday's early trading session saw a significant dip, only to quickly reverse course and exhibit signs of resilience.
In the early hours of Thursday's trading session, the GBP/USD experienced a dip, only to swiftly rebound, showcasing its resilience.
In recent trading sessions, the USD/JPY has been oscillating, teetering around the ¥150 level against the Japanese yen.
Geopolitical tensions in the Middle East region are still negatively affecting the performance of the price of the EUR/USD currency pair today.
The price of the Turkish Lira stabilized against the US dollar near its lowest levels ever during early trading on Thursday morning.
The USD/JPY remains near critical highs as financial institutions and speculators await inflation data from Japan on Friday.