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 AUD/USD declined to the lowest level since October 19th after the relatively hawkish interest rate decision by the Reserve Bank of Australia (RBA).
The EUR/USD pair was little changed as investors refocused on the upcoming Fed decision and the US employment numbers.
The BTC/USD price made a bullish breakout on Tuesday as cryptocurrency prices rebounded.
Gold tried to return to $1800 the psychological resistance to compensate for sharp losses that brought it all the way to the support level of $1772.
The USD/JPY returned to a 3-year high at the beginning of this week's trading, as the bulls moved to the 114.45 resistance before settling around 114.00 as of this writing.
For two days in a row, the GBP/USD has had bearish setbacks that pushed it towards the 1.3641 support level, the lowest in more than two weeks.
The EUR/USD picked up where it left off last week and settled below the 1.1600 level.
Wheat prices have continued to surge higher and the speculative trend is being hit with a combination of factors which have propelled the commodity.
The USD/PKR has seen a bearish short-term emerge since the 27th of October, and this reversal has occurred after an all-time high was hit by the Forex pair.
Bonuses & Promotions
ETH/USD remains within the upper tier of its long-term price range as its flirts with record values and speculators stay excited and likely fairly anxious.
Since the 19th of October, the USD/SGD has produced a significant trading range, which when looked at via a one-month chart, looks like a bouncing ball.
The first signs of possible support are at 0.7475.
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The British pound fell a bit on Monday to test the 1.3650 level.
The US dollar rallied significantly against the South African rand during the trading session on Monday as we continue to see emerging market currencies get crushed.