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
Recent market developments have witnessed the EUR/USD experiencing a substantial depreciation in value, mirroring the tumultuous and uncertain conditions prevailing within the financial arena.
The Texas Intermediate Crude Oil market opened with a bullish gap at the beginning of the trading session, only to reverse course and exhibit signs of negativity.
The GBP/USD found itself on the losing end once again during Monday's trading session, succumbing to the prevailing wave of negativity that has engulfed the currency.
Recent trading sessions have witnessed the GBP/JPY grappling with substantial difficulties, marked by an initial attempt to rally that was swiftly retracted, despite Yen weakness overall.
During Monday's trading session, the AUD/USD exhibited a modest decline, inching closer to the upper boundary of a descending wedge pattern—a pivotal detail in technical analysis.
The EUR/USD exchange rate continued its brutal sell-off as the fear of soaring interest rates led to a major bond sell-off.
Bitcoin price has held quite well in the past few days.
The AUD/USD exchange rate has been more resilient than other peers like the GBP/USD and EUR/USD pairs.
The USDS/MXN is trading near the 17.18250 mark with its typical fast results flourishing.
Bonuses & Promotions
USD/ZAR is trading near the 18.79110 level, but it needs to be noted today is a banking holiday in South Africa so there will be only light transactional volume.
Silver experienced a notable rally during Friday's trading session, a move that saw it break above the 50-Day Exponential Moving Average.
The British pound has experienced a notable decline during recent trading sessions, raising concerns among traders.
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The US dollar staged a modest rally against the Yen as the Bank of Japan remained relatively passive overnight.
The S&P 500 witnessed a modest rally during Friday's early trading hours as the market grapples with a series of challenges.