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
AUDUSD analysis: more bullish above 0.6963
USDJPY: very bearish below 108.51
Bitcoin: bulls find support at $7,830
USDCAD: Consolidation prevails over failed bullish breakout
USDCHF Analysis: Strongly bearish as risk-off sentiment boosts Franc
GBPUSD: British Pound remains relatively weak
EURUSD: Bullish break above 1.1225
The WTI Crude Oil market initially tried to drive higher during the trading session on Monday but gave back the gains just below the $55 level to show signs of weakness again.
The US dollar rallied significantly again against the Mexican peso on Monday as there has been a general “risk off” attitude to the markets.
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The US dollar initially tried to rally during the trading session on Monday but turned around to fall rather significantly.
The S&P 500 initially gapped lower during the trading session on Monday, but then turned around to fill that gap.
Gold markets rallied rather significantly during the day on Monday, breaking significantly higher as we continue to see a lot of “risk off” trading around the world.
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Sign up to get the latest market updates and free signals directly to your inbox.The Euro rallied significantly during the trading session on Monday, reaching towards the 1.1250 level.
The US dollar has been going back and forth against the Mexican peso, and this of course is fairly common as the market features two economies that have a lot of cross-border transactions.
The US dollar against the Swedish krona is an excellent currency pair to trade when it comes to the economic and risk appetite situation around the world.