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 Dow Jones Industrial Average rebounded, rising during its recent trading at intraday levels, to achieve sharp gains in its last sessions, by 1.98%, to add to it about 618.34 points.
XRP/USD has moved lower and is above strategic support ratios, which if proven weak could spark additional nervous selling for the digital asset.
ADA/USD is near important support in early trading this morning, as a reversal produced late on Monday reminded crypto traders a bearish storm still exists.
The BTC/USD pair is still in a consolidation mode in the past few days as demand for digital coins ease.
Gold markets initially tried to rally on Monday but then turned around to show signs of weakness.
The Australian dollar rallied on Monday to kick off the week and break above the 0.71 level.
The Parisian CAC Index gapped higher Monday but then pulled back to find buyers underneath.
The DAX rallied a bit on Monday as we initially gapped above the €14,000 level in the futures market.
Bitcoin rallied a bit on Monday as we continue to hang around the $30,000 level.
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The Ethereum market bounced a bit on Monday as the $2000 level continues to be somewhat important.
ZCash did very little on Monday, although it is worth noting that things were generally positive.
The S&P 500 rallied in the futures market on Monday as we are above the 3950 level.
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The West Texas Intermediate Crude Oil market rallied a bit on Monday but turned around and fell to show signs of hesitation.
The EUR/USD price continued its bullish momentum after the hawkish note by Christine Lagarde.