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 US dollar has shown quite a bit of back-and-forth trading over the last couple of weeks, with the area near the 0.91 level offering support down to the 0.90 level.
The GBP/USD exchange rate continued rising after the strong UK inflation data and positive consumer confidence numbers from the US.
The BTC/USD pair was little changed during the Asian session as traders continued reflecting on the ongoing crackdown in the cryptocurrency industry.
The AUD/USD exchange rate darted upwards as the US dollar index (DXY) continued retreating.
My EUR/USD signal on 22nd March produced a nicely profitable long trade from the bullish doji which rejected the support level which I had identified at $1.0760 at the start of the London session that day.
The recovery of the EUR/USD exchange rate in March was undermined last week.
For the second day in a row, the price of the USD/JPY currency pair is trying to rebound to the upside to compensate for its recent sharp losses.
For two days in a row, the XAU/USD gold price was exposed to profit-taking sales, which brought it to the level of 1944 dollars an ounce.
The GBP/USD exchange rate came close to halting its March rally, but easing concerns about the banking sector and easing Fed tightening could support the pound above $1.21 this week
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The price of the TRY/USD varied during early trading this morning, after the dollar pair against the lira recorded new highs at the end of last week, after the decision of the Turkish Central Bank to install the interest rate last Thursday at 8.5%.
The US Oil market, has rallied slightly during Monday's trading session, with the market trying to pick itself up from recent lows.
The S&P 500 index has been experiencing some turbulence lately, with the market hovering around the 200-Day EMA just above the 4000 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/BRL ended its day near the 5.1955 ratios yesterday and the currency pair is testing values not demonstrated since the 10th of March.
NZD/USD speculators may be in the mood for more risk-taking in the short term as financial houses seemingly have brushed aside their concerns for the moment and indulged in buying.
The British pound experienced a small rally, with a relationship between interest rates in the Japanese yen influencing the currency's performance.