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 Euro was very quiet against the Swiss franc during the Friday trading session as we continue to hang around the 0.96 level.
The British pound initially tried to rally against the Japanese yen during the day on Friday as we started to see a lot of “risk of behavior” around the world.
The US dollar has pulled back ever so slightly against the Canadian dollar during the Friday session, a day that was generally US dollar positive.
The USD/BRL went into the weekend near the 5.1996 ratio, this after actually trading near a low of 5.1085 on Tuesday of last week.
The New Zealand dollar dropped a bit during the trading session on Friday as we continue to see US dollar strength overall.
The West Texas Intermediate Crude Oil market rallied significantly during the day on Friday, breaking above the $92 level and touching the 200-Day EMA.
Gold markets have drafted a bit lower during the trading session on Friday as the 50-Day EMA has offered a little bit of resistance.
Bitcoin has fallen during the Friday session as the US dollar has strengthened a bit and of course, the 50-Day EMA has offered a little bit of resistance.
The US dollar has rallied during the Friday session against the Japanese yen after the jobs number.
Bonuses & Promotions
The USD/SGD has seen another strong burst of buying early this morning as the currency pair is now situated around the 1.43425 mark as of this writing.
The GBP/USD continued dropping on Monday as the market reflected on the strong American jobs data.
The EUR/USD price continued dipping on Monday morning as the crisis in Ukraine continued and after the strong American job’s numbers.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The BTC/USD price continued consolidating on Monday as focus shifted to the upcoming American inflation data.
The AUD/USD price has been in a strong bearish trend in the past few days. The sell-off accelerated on Friday after the US published strong jobs numbers.
The S&P 500 has fallen on Friday, gapping lower and then shooting straight down after the jobs never came out about as expected.