The West Texas Intermediate Crude Oil initially rallied during trading on Monday, but then gave up a lot of ground almost immediately.
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 USD/JPY bounced a bit against the Japanese yen during the trading session on Monday, gaining over 1.5% by the time the Americans came on board.
The GBP/USD has tried to break above the 1.23 level but gave back significant gains to show a bit of hesitation.
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The EUR/USD initially rallied during the trading session on Monday, reaching the 1.06 level before turning around.
The BTC/USD initially tried to rally during the day on Monday but continues to find sellers every time it rallies.
Spot natural gas prices (CFDS ON NATURAL GAS) fell in early trading on Monday, to record new daily losses until the moment of writing this report, by -3.21%.
The Dow Jones Industrial Average rose slightly during its recent trading on intraday levels, to achieve slight gains in its last sessions by 0.10%.
The price of the lira stabilized against the dollar during the trading at the beginning of the week, as attention began to focus on the important elections expected during the next year.
For four consecutive trading sessions, the price of the EUR/USD currency pair has been moving amid an upward retracement with strong gains that reached the 1.0545 resistance level.
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The USD/BRL has traded within a lower price range since last Wednesday; this after financial institutions reacted to U.S Federal Reserve interest rate policy rhetoric.
The exchange rate of the pound against the dollar restored some of its previous gains in the last session of trading last week.
This is a strong bearish trading week for the performance of the USD/JPY currency pair.
The USD/ZAR has proven particularly dangerous the past handful of days and opened with a gap lower this morning rocking speculative positions yet again.
The strong decline in the price of the US dollar allowed the XAU/USD gold price to make a strong upward rebound with gains towards the resistance level of $1804 an ounce
The GBP/USD price surged to the highest level since June 27 as the US dollar weakness continued.