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 slight rally on Monday, finding stability around the 50-Day Exponential Moving Average (EMA),
The USD/JPY experienced a slight retreat during Monday's trading session, as it tested the ¥138 level.
The USD/MXN is trading near the 16.73600 ratio as of this writing and a low of nearly 16.71600 was seen early this morning when Forex opened.
The USD/ZAR correlated to the broad Forex market with an almost adventurous capability last week.
Gold markets displayed limited activity on Friday, with prices maintaining a position above the 50-Day Exponential Moving Average.
Natural gas markets witnessed a slight rally on Friday, hovering around the 50-Day Exponential Moving Average.
Silver experienced a back-and-forth trading session on Friday, hovering around the $25 level.
The S&P 500 displayed continued upward momentum during Friday's trading session.
The euro's upward momentum encountered resistance on Friday, following a remarkable surge over the past few days.
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The British pound experienced a mixed trading session on Friday, as it oscillated within a critical level against the Japanese yen at ¥180.
The US dollar experienced initial weakness during Friday's trading session, briefly breaking down before displaying signs of recovery around the critical ¥138.
The British pound showed limited movement on Friday, as upward momentum persisted.
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During Friday's trading session, the Australian dollar attempted to break above the 0.69 level but encountered resistance, leading to a slight pullback.
Bitcoin remained above the support level of $30,000 even after several important events that happened last week.