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 S&P 500 encountered initial attempts to rally during Friday's trading session, mirroring the prevailing global volatility.
The gold market has experienced a slight decline in recent trading sessions, with prices reaching the $2000 level.
The USD/JPY demonstrated a modest rebound during Friday's trading session, building upon the recovery witnessed on Thursday.
The GBP/USD exhibited slight positivity during Friday's trading session, attempting to stabilize following a significant sell-off the previous day.
The GBP/JPY demonstrated a rally during Friday's trading session, finding support around the ¥168 level, like what was observed on Thursday.
The USD/ZAR is near the 19.10600 level as of this writing, last week around this time the currency pair was near the 18.32000 ratio.
The GBP/USD pair crashed below an important support level as investors embraced a risk-off sentiment amid the debt ceiling crisis.
The EUR/USD exchange rate continued its bearish trend, helped by the strong US dollar. It fell to a low of 1.0847, the lowest point since April 10th.
The Australian dollar retreated to the lowest point since May 3 as the US dollar index (DXY) pulled back.
Bonuses & Promotions
My previous BTC/USD signal on 1st May was not triggered, as there was no bullish price action when the support level identified at $27,874 was first reached.
Traders of the GBP/USD were rudely treated by fundamental powers late last week.
The EUR/USD dove on Friday; this after the currency pair had already experienced plenty of selling on Thursday.
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This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.