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 natural gas market experienced a relatively quiet trading session on Monday, with prices hovering near the 50-day Exponential Moving Average.
The US dollar displayed limited activity during the trading session against the Japanese yen, a reflection of the banking holiday in Japan.
The GBP/JPY recently saw a modest rally during Monday's trading session, followed by a partial retracement of its gains.
Crude oil markets showed a somewhat subdued performance on Monday, which seems reasonable given their recent impressive ascent.
With the start of trading this week, the price of the euro currency pair against the US dollar EUR/USD tried to stop the pace of its losses
The AUD/USD showed signs of an attempted rally during Monday's trading session, but once again, it faced resistance and displayed weakness.
Sterling fell below a key level on the charts suggesting the trend has reversed in favor of further weakness against the US dollar at the start of a busy week dominated by the US Federal Reserve
For the third week in a row, the price of the USD/JPY currency pair stabilizes around its highest level in ten months
At the beginning of this week's trading, gold futures rose, with attention focused on the Federal Open Market Committee (FOMC) meeting for the month of September.
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The past week and a half of trading in the USD/CAD has seen a sustained decline, this as the U.S. Federal Reserve prepares to make its pronouncements tomorrow.
Fast changes of direction and market velocity are creating dangerous trading for unprepared speculators in the USD/SGD as it waits for tomorrow’s Fed results.
The gold market exhibited a modest uptick as the trading week commenced on Monday.
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Sign up to get the latest market updates and free signals directly to your inbox.The early hours of Monday saw the S&P 500 exhibit a subdued demeanor, with a dearth of significant economic data to inform market movements throughout the day.
Silver made a modest rally during Monday's trading session, showing signs of attempting to breach the stubborn $23.50 resistance level, which has been a notable barrier in recent times.
The GBP/USD most recent trading session unfolded on Monday, characterized by an attempt at a rally that ultimately resulted in a retracement, reflecting the overarching market uncertainty.