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
After the Bank of Japan held its emergency meeting yesterday, in response to the US Federal Reserve’s second panic response to Covid-19 this month on Sunday,
More governments realize that Covid-19 has placed the global economy on track to a recession.
Australian consumer confidence stabilized according to one metric but remains depressed.
AUD/USD: New 11-year low price
USD/JPY: Both central banks taking easing measures
Despite the US Federal Reserve action last night, slashing interest rates to 0.00% and boosting quantitative easing, the USD/MXN was pressured higher.
Strong interest from investors to buy the US dollar after the recent and successive measures by the US Federal Reserve, and the US government.
BTC/USD: No real lower limit below $4,116
The strength of the US dollar after recent decisions by the US Federal Reserve and the government under Trump's administration increased sales of gold bars.
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At about 900 points, the price of the GBP/USD pair collapsed at the end of last week’s trading.
GBP/USD: U.K. coronavirus strategy in focus
Throughout last week's trading, the EUR/USD pair was under downward pressure and failed in last two trading sessions in breaching the 1.1055 support.
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EUR/USD: Bullish consolidation
The S&P 500 has rallied a bit during the trading session on Friday.