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 US dollar has rallied nicely against the Japanese yen during the trading session on Friday.
For three consecutive trading sessions, the EUR/USD pair is moving in a downward correction range that pushed it towards the 1.1212 support at the end of last week’s trading.
The USD/PKR is testing important resistance near 166.0000 as the currency markets are being pressured by sharp losses on major international stock indices, as the Asia trading session operates and futures markets in the US suggest a day of losses on Wall Street.
An ascending week compensated the losses of the previous week.
The NASDAQ 100 has gone back and forth during the trading session on Friday in a sign of uncertainty, but after the massive selloff on Thursday
AUD/USD: AUD hit by risk-off sentiment
USD/JPY: No long-term trend
BTC/USD: $9,000 area will be pivotal
The Australian dollar has gone back and forth during trading on Friday, initially showing signs of strength but then fell again.
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The Euro initially tried to rally during the day on Friday but gave back quite a bit of the gains a turnaround and show signs of exhaustion.
Singapore is on track to reopen its entire economy by the end of June, but limitations in the number of people permitted will remain in place.
The USD/MXN has traded with flavor the past week and been challenging for even experienced speculators.
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The USD/ARS has proven to be a one way road long term as the Argentine Peso faces sustained losses of value.
GBP/USD: British Pound weaker on 20% GDP contraction