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 silver market experienced a significant uptick at the start of the week, gapping to the upside before falling to fill the gap and then rallying strongly.
The GBP/USD has been showing resilience against the US dollar in the face of a lot of noisy and choppy behavior during Monday's trading session.
Gold markets showed signs of life during Monday's trading session after initially pulling back slightly.
On Monday, West Texas Intermediate (WTI) crude oil prices saw a slight retreat, reflecting the broader energy market's weakness.
Since touching a low of nearly 81.5580 on early Thursday of last week, the USD/INR has climbed incrementally higher.
The NZD/USD is trading slightly above the 0.62000 mark as of this writing.
The S&P 500 was quiet early on Monday as the world celebrated Labor Day.
The NASDAQ 100 has been very quiet during the trading session on Monday, as we continue to wait to see whether we can truly take off to the upside.
The GBP/JPY has rallied in recent trading sessions, reaching above the ¥172 level.
Bonuses & Promotions
The EUR/USD has been consolidating around the 1.10 level in recent trading sessions, with a lot of noise to chew through.
The AUD/USD has been experiencing a bit of a bounce recently, with a slight increase during the Monday trading session.
My last signal on 20th April was not triggered as there was no bearish price action when the price first reached the resistance level which I had identified at $0.6753.
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Sign up to get the latest market updates and free signals directly to your inbox.The US dollar index bounced back as investors shifted to a risk-off sentiment following the collapse of First Republic Bank and after the weak US manufacturing output data.
The EUR/USD exchange rate dropped on Monday and early Tuesday after the collapse of First Republic Bank and after the latest US manufacturing PMI data.
Bitcoin and other cryptocurrencies continued slipping as the recent bullish momentum faded.