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
Investors balance the economic performance and the future of monetary policy tightening by central banks which is still in favor of more strength in the price of the US dollar against the Japanese yen
During recent trading sessions, the price of the GBP/USD currency pair is moving in narrow ranges, amid bearish momentum, between the support level of 1.3082 and the resistance level of 1.3180.
Get our recommendation on the lira against the dollar for Tuesday, April 5, 2022 here.
Spot natural gas prices (CFDS ON NATURAL GAS) continued to rise during the recent trading at the intraday levels, to achieve new daily gains until the moment of writing this report
The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve new gains in its last sessions, by 0.30%, to gain about 103.61 points.
The US dollar has fallen during a large portion of the trading session on Monday but continues to find support in the same general vicinity, just below the 1.25 handle.
Ethereum markets spiked higher during the trading session on Monday to break above the $3500 level.
The Litecoin market rallied a bit during the trading session on Monday to break above the $125 level initially.
The S&P 500 has rallied just a bit during the trading session on Friday to show signs of life again, but we still have to worry about a significant amount of resistance above based on short-term charts.
Bonuses & Promotions
The West Texas Intermediate Crude Oil market has rallied on Monday to kick off the week on the right foot.
The gold markets have done very little during the session on Monday, as we continue to go sideways overall.
The Euro has fallen again during the trading session on Monday to kick off the week on the back foot yet again.
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The German index initially fell a bit during the trading session on Monday, but then turned around to show signs of strength again.
SOL/USD is providing traders with an enticing trend upwards as it has made resistance levels look rather vulnerable.