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 S&P 500 rallied significantly on Monday to reach all-time highs yet again.
The NASDAQ 100 was all over the place on Monday as we continue to see a lot of volatility overall.
Gold markets got absolutely hammered on Monday to reach down towards the 50-day EMA at the $1807 level.
Silver markets initially tried to rally on Monday but struggled at the $25 level.
The Bitcoin market rallied a bit on Monday but struggled with the $60,000 level.
The euro continued to slide quite a bit lower during the trading session on Monday as we have broken below the 1.1250 level.
The British pound fell again on Monday to slice back through the 1.34 level.
The GBP/USD pair made a bearish breakout after the relatively strong US existing home sales data and after Biden announced his Fed Chair pick.
The BTC/USD price remained under pressure as investors focused on demand.
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The EUR/USD pair tumbled in the overnight session as investors reflected on the Jerome Powell reappointment.
The USD/ARS continues to climb an upwards path and the Forex pair is comfortably above the 100.000 official exchange rate.
The USD/INR has maintained a rather polite price range the past handful of days, but it has provided traders an opportunity to take advantage of support and resistance levels.
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Since last week, there have been sell-offs in the USD/JPY amid the return of an appetite for safe havens, including the Japanese yen.
The British pound is entering the new week with supportive momentum after it gained distinction among the top performing major currencies last week.