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
USDJPY: BoJ buying below 106.00?
Bitcoin: Very bullish
The Euro ripped to the upside during the trading session on Monday as the rhetoric between the United States and China has heated up, showing signs of getting worse, not better.
The WTI Crude Oil market continues to consolidate around a large, round, psychologically significant figure, as we are near the $55 handle.
The S&P 500 broke down pretty significantly during the trading session on Monday, slicing through the 200 day EMA.
The US dollar got hammered during the trading session on Monday, as we had a major “risk off” move in both Forex markets and of course the equity markets.
The British pound is negative longer term, but over the last couple of sessions we have seen this market essentially consolidating around the 1.2150 level.
The NASDAQ 100 broke down rather significantly during the day on Monday, slicing through the vital 200 day EMA.
Bitcoin rallied significantly during the trading session on Monday to kick off the week, gaining over 10%.
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Natural gas markets gapped lower to kick off the Monday trading session before grinding even lower.
The Australian dollar has initially tried to rally during the trading session on Monday but found enough of resistance at the 0.68 level to fall rather hard and break down through the bottom of the candle stick from Friday.
Gold markets rallied significantly on Monday to send the market higher, reaching towards the $1480 level before pulling back a bit.
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USDCHF Analysis: Bullish bounce at 0.9700
GBPUSD: Support at 1.2092 still holding