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 price of EUR/USD was exposed to profit-taking operations, settling around the 1.0730 level at the time of writing the analysis.
During yesterday's trading session, the price of the US dollar against the Japanese yen tried to recover from the pace of its recent losses with gains to the resistance level 128.90.
The continued pace of investors’ appetite for risk and the announcement of more stimulus to the British economy, the price of the GBP/USD currency pair found the opportunity to rebound higher with gains to the 1.2666 resistance level.
Amid the recovery of the US dollar, gold prices fell to the level of 1835 dollars an ounce, starting from the resistance level of 1857 dollars an ounce during yesterday's trading session.
The Turkish lira recorded slight changes during early trading this morning.
Spot natural gas prices (CFDS ON NATURAL GAS) settled on a decline in its recent trading at the intraday levels, to achieve slight daily gains until the moment of writing this report, by 1.22%.
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to break a series of gains that continued for six consecutive sessions.
USDT/USD remains under its spoken 1.00 USD mark, and its inability to achieve this level for a while may be igniting speculative considerations.
SOL/USD has traded lower in early market action this morning, after hitting solid short term highs the last two days the cryptocurrency faces a struggle.
Bonuses & Promotions
The US dollar rallied quite significantly on Tuesday as we have broken out of a falling wedge.
The FTSE 100 shot higher to kick off Tuesday but gave back the gains to show less-than-stellar momentum.
The DAX fell a bit on Tuesday to break down below the €14,400 level, giving back some of the gains from the recent surge higher.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 has been rather messy as of late, as Jerome Powell has been summoned by Joe Biden for a conversation.
The Australian dollar feel a bit on Tuesday as Americans came back from the Memorial Day holiday.
EOS initially fell a bit on Tuesday but found a little bit of buying pressure near the $1.30 level.