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 GBP/USD pair declined sharply in the overnight session as investors rushed to the safety of the US dollar.
Spot natural gas prices (CFDS ON NATURAL GAS) declined in their recent trading at intraday levels, to record daily losses until the moment of writing this report by -2.95%.
The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains in its last sessions by 1.05%, to add the index to it about 321.83 points.
The Turkish lira fell during the early trading today, as the markets absorbed the impact of the data released yesterday, which showed the rise in inflation in the country to record levels approaching 80 percent.
With the beginning of this week's trading, the performance of gold prices varied despite the weakness of the US dollar and the recent sharp drop in US Treasury yields.
For the second day in a row, the price of the US dollar against the Japanese yen is rebounding higher, stable around the level of 135.72.
During the last week's trading, the most prominent decline in the Forex market was the collapse of the GBP/USD pair towards the 1.1975 support level, penetrating the 1.2000 psychological support.
The price of the EUR/USD currency pair stumbled again in a rebound higher, as the negative pressures on the euro are still strong and persistent.
The USD/BRL will begin trading today near mid-term highs and speculators may feel enticed to wager on direction, but they should be careful.
Bonuses & Promotions
The USD/CAD has come off of highs and is bouncing along important mid-term support levels in early trading this morning.
The US dollar rallied ever so slightly during thin trading on Monday, as it was Independence Day in the United States.
The US dollar rallied ever so slightly against the Singapore dollar on Monday, but it should be noted that it was Independence Day in the United States, meaning that there was probably somewhat of a lack of liquidity.
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Sign up to get the latest market updates and free signals directly to your inbox.The British pound initially tried to rally on Monday, but could not hang on to the gains.
The S&P 500 Index itself was closed Monday, but the futures markets were open for limited off-hour trading.
The euro initially tried to rally against the US dollar during Monday trading, but gave back almost all of the gains in yet another sign of weakness.