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.
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The AUD/USD embarked on an initial attempt to rally on Monday, encountering a formidable barrier just north of the 0.65 level.
The past week has witnessed a noteworthy rally in the S&P 500, and it presently resides near the apex of a descending channel, conspicuously positioned above the 50-Day EMA.
Silver appeared somewhat fatigued on Monday, exhibiting a lackluster performance as it hovered just below the crucial 200-Day EMA.
In the early hours of Monday, the US dollar saw some small strength, but market volatility remains high.
The forthcoming days are poised to be of utmost significance for the euro as we find ourselves at a critical technical juncture.
Renewed strength in the USD.
The GBP/USD exchange rate continued its comeback even as worries about the British economy continued.
The EUR/USD exchange rate wavered in the overnight session as America’s bond yields drifted upwards.
The BTC/USD pair continued consolidating this week as the recent bullish momentum faded.
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The price of the Turkish Lira stabilized against the US dollar during early trading on Monday morning.
Upon opening for trading on early Friday the USD/BRL sold off quickly and extended Wednesday’s late selloff lower taking the currency pair to within sight of important mid-term support.
Early last week the USD/MXN stubbornly held onto values slightly above the 18.00000 level as it traded near 18.09000 and 18.07000 and held this ground well into Wednesday.
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Sign up to get the latest market updates and free signals directly to your inbox.The AUD/USD soared into the stratosphere on Friday, catching traders off guard with its unexpected rally.
Crude oil markets embarked on a noteworthy rally during the day, only to give back gains.
The S&P 500 embarked on a substantial rally at the outset of Friday's trading session, fueled by Wall Street's delight in the prospect of the latest jobs report.