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 USD/PKR continues to test important support levels, but after hitting low water values, there has been a slight reversal higher.
The price seems stuck in a range between $52,250 and $60,000.
The pound is leading Forex recovery against recent USD strength.
The AUD/USD price retreated during the Asian session as traders waited for the latest consumer inflation numbers from the United States.
The EUR/USD formed a double-top during the American and Asian sessions as traders waited for the latest US consumer inflation data.
After achieving a record high on the 9th of May near 53.00000, LINK/USD has reversed lower, but it remains within higher territory.
DOT/USD has struggled within a rather consolidated range and speculators maybe losing their patience, but opportunities near support levels may exist.
ADA/USD remains fast and made a record high this weekend, but it has reversed lower and is now testing intriguing short-term support levels.
ETH/USD remains a speculative paradise for traders who like volatility and dream of fast changes in value.
Bonuses & Promotions
The sharp decline of the US dollar was a strong impetus for the price of gold to move to the level of $1845, its highest in three months.
The GBP/USD has now exploded to the upside, supported by disappointing numbers for US jobs.
The US jobs numbers are still negatively affecting the performance of the US dollar against the rest of the other major currencies.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.At the beginning of this week's trading, the EUR/USD pair continued its correction to the upside, with gains that reached the 1.2178 resistance level.
The West Texas Intermediate Crude Oil market fell significantly during most of the trading session on Monday but recovered by the end of the day.
The FTSE 100 initially tried to rally during the trading session on Monday but then fell enough to show signs of weakness.