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
For the fifth consecutive day, the USD/JPY is moving in a limited range, which technically foreshadows a strong move in one of the two directions, with a greater willingness to fall.
With the highest gains since 2012, the price of gold began to move this week to the $1765 resistance.
The risk appetite increased after Jerome Powell's optimistic statements, which contributed to cautious gains for the GBP/USD pair.
In the beginning of this week’s trading, the EUR/USD pair gained momentum to achieve gains after a longer period of losses.
The Euro has rallied quite significantly during the trading session on Monday to break through the 50 day EMA, showing signs of strength again.
The US dollar has gone back and forth during the trading session on Monday to kick off the week, as we continue to see a lot of choppy in high-frequency trading
The Australian dollar has shot straight up in the air during the trading session on Monday as we continue to see a lot of volatility.
The NASDAQ 100 has rallied quite significantly during the trading session on Monday, as everybody bought everything they could related to stocks.
The British Pound has seen its fair share of bullish behavior during the trading session on Monday, but seems to be failing near the 1.22 level,
Bonuses & Promotions
AUD/USD: Key resistance level at 0.6579
Canada is faced with a more significant mortgage default crisis than after the 2008 global financial crisis, which originated in the US housing sector.
After the Turkish Lira plunged to record lows, an event President Erdogan and his government blames on foreign powers attempting to cripple its Covid-19 struck economy,
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.USD/JPY: Weakly bullish price channel
BTC/USD: Yet strong resistance near $10,000
GBP/USD: Pound becoming less weak?