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 Euro made a strong start to the trading session on Monday.
The gold market touched the 50-day moving average during Monday's trading session.
The Monday session began with natural gas prices dropping lower, but they later recovered and showed indications of positive pressure.
Silver has repeatedly offered resistance, so it withdrew a little from the critical $23.50 level.
The BTC/USD pair remained in a consolidation phase on Tuesday morning.
The EUR/USD exchange rate moved sideways on Monday.
The GBP/USD continued in a consolidation phase even some analysts predicted that sterling will continue doing well this year.
A break above $0.6550 area would be a bullish sign.
Recent strength in the US dollar has pushed gold prices lower.
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At the end of last week's trading, the price of the GBP/USD pair tried to rebound higher to compensate for its losses in the same week.
Trading last week was mostly bullish for the performance of the USD/JPY pair.
The recent rebound attempts for the currency pair EUR/USD did not take it out of the general downward trend.
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Sign up to get the latest market updates and free signals directly to your inbox.On Friday of last week the USD/MXN moved to a low of nearly 17.02900.
The USD/ZAR hit a high of nearly 19.19500 on early Wednesday of last week.
The Australian dollar faced considerable downward pressure during Friday's trading session.