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
There has been an incremental downwards trend emerging, but it is likely being controlled with a strong hand.
Amidst upward momentum, the exchange rate of the USD/JPY currency pair is stabilizing around the resistance level of 150.55 at the time of writing this analysis.
A high was touched in the USD/PKR yesterday near the 279.4390 value briefly.
The euro has been extremely erratic.
At the start of this crucial week's trading, the EUR/USD currency pair enjoys relatively good support as the European Central Bank's decision approaches.
Ahead of important events and influential data, gold prices moved towards new record highs as investors continue to bet on the metal.
Although there was some quietness in the early hours of Monday, traders are still chasing trades, and the S&P 500 looks extremely robust overall.
Nearby Resistance Looks Pivotal.
The early hours of Monday saw some recovery in the natural gas markets.
Bonuses & Promotions
NASDAQ 100: Upward trend persists, eyeing 18,500 target. Watch for brief dips and Friday's jobs report impact in a strong rally environment.
Gold markets remain bullish.
Even though Monday's rising momentum was a little more muted, I believe this to still be the case for the majority of yen-related pairs.
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The Australian dollar remains fairly sideways and exhibits a severe lack of momentum at the moment.
Early on Monday, the bitcoin market smashed through yet another barrier as ETF inflows continued to support the market.