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
The USD/JPY exhibited a rally on Monday, indicating renewed strength as the Japanese yen continues to face the consequences of quantitative easing measures.
The GBP/USD demonstrated a modest rally during Monday's trading session, suggesting that the currency pair is likely to maintain its overall upward trajectory or at least consolidate in a sideways manner.
Silver experienced a modest rally during Monday's trading session, signaling a general stabilization in the market.
The natural gas market continues to exhibit significant volatility, although it is currently attempting to recover from extreme lows.
The West Texas Intermediate (WTI) Crude Oil market experienced a slight bounce during Monday's trading session, demonstrating signs of life around the $70 level.
The current trading session witnessed initial signs of a rally in the S&P 500, reflecting the prevalent global volatility.
The GBP/JPY exhibited a significant rally during Monday's trading session, surpassing the ¥170 level once again.
Gold has shown some support recently, with buyers stepping in just above the $2000 level.
The EUR/USD displayed a modest rally in Monday's trading session, as volatility remains a prominent feature in the Forex markets.
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The AUD/USD displayed a significant rally during Monday's trading session, although it remains below the 50-Day Exponential Moving Average (EMA).
The GBP/USD price bounced back ahead of the upcoming meeting between Joe Biden and Speaker Kevin McCarthy on the debt ceiling issue.
The EUR/USD exchange rate pared back some of the losses made on Friday after the positive European economic forecast and ahead of the upcoming US retail sales numbers.
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Sign up to get the latest market updates and free signals directly to your inbox.The BTC/USD pair rebounded as the recent sell-off took a breather.
My last signal on 11th May was not triggered as there was no bullish price action when the price reached any of the support levels which I had identified.
The Turkish lira fell against the dollar to record levels of decline against the US dollar, the dollar recorded levels of 19.67 liras.