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 NASDAQ 100 bounced during the trading session on Monday, as the 50-Day EMA continues to offer support.
The WTI Crude Oil market experienced a noticeable decline during the trading day, edging closer to the $82 level.
Monday's trading session witnessed a renewed vigor in the GBP/JPY, injecting a sense of optimism into the market as it hinted at an impending significant breakout.
Monday's trading session cast a spotlight on the AUD/USD dynamic performance, as it experienced a sharp decline below the 0.65 level, only to reverse course shortly after.
Bitcoin price has gone nowhere this summer in a period marked by low volatility and volume.
The EUR/USD sell-off continued as the pair tumbled to the lowest level since July 7th as the US dollar firmed.
The GBP/USD exchange rate made a bearish breakout below an important support level as the focus shifts to the upcoming UK jobs data.
The resistance level at $0.6517 or support at $0.6500 may be pivotal today.
The US dollar pair stabilized against the lira, trading near new all-time highs.
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The price of the EUR/USD currency pair is still moving in its downward path, and an attempt to rebound upwards last week succeeded only by testing the resistance at 1.1065
The GBP/USD exchange rate has given up much of its previous rally heading into this past weekend as financial markets seemed to contemplate what surprisingly strong producer price inflation in July could mean for a measure of US inflation that the Fed monitors.
During last week's trading, the bulls succeeded in completing the sharp upward path of the USD/JPY currency pair.
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Sign up to get the latest market updates and free signals directly to your inbox.The continued strength of the US dollar helped in the collapse of the gold price to the support level of 1911 dollars an ounce, its lowest in a month, and it will start trading this week, stable around its recent losses.
The USD/MXN has been able to demonstrate selling ability since touching a short-term high on Thursday of last week; the downside momentum may attract speculators.
In early trading this morning the USD/ZAR remains within sight of the 19.00000 ratio as higher values continue to be flirted with as risk adverse conditions remain steady.