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 Australian dollar gapped lower on Monday, turned around to rally during the day, but gave back those gains to form a very bearish looking candle stick.
The natural gas markets initially tried to rally on Monday and then broke down quite a bit.
Bitcoin markets went back and forth during the trading session on Monday, testing the uptrend line that is clearly marked on the chart.
The NASDAQ 100 fell during the trading session on Monday, as we continue to see a lot of noise near the 8000 handle.
Gold markets have done very little over the last couple of days, and this makes quite a bit of sense considering that the Federal Reserve has a major meeting over the next couple of days that should continue the dovish attitude that we have seen recently.
USDCAD: Bulls failing to break recent highs
USDCHF Analysis: Resistance at 0.9950 holds
GBPUSD: Extremely bearish 2-year low
EURUSD: Bearish consolidation above 1.1100
Bonuses & Promotions
At the beginning of this week's trading, the EUR / USD pair is settling around the 1.1100 support level, the lowest for two years.
As we have consistently predicted, the pound will remain under pressure due to the fears of the future of the Brexit.
For the first time in a row, gold prices have remained in limited ranges between the $1411 support level and the$ 1433 resistance, forming a consolidation zone that signals a move ahead, and that investors are preparing to start again.
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Sign up to get the latest market updates and free signals directly to your inbox.For three consecutive trading sessions, the USD / JPY pair is close to the 108.82 resistance level waiting for stronger catalysts to support the bullish correction which will not work without moving towards the 110.00 psychological resistance level.
NZDUSD: Bearish below 0.6641
AUDUSD: Bearish momentum testing 0.6905