The BTC/USD price continued consolidating on Monday morning as investors waited for the next catalyst.
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 has continued to show weakness during the trading session on Friday as the volatility continues to wipe traders out.
The NASDAQ 100 initially gapped to the upside during the training session on Friday, as markets initially took off to the upside after the jobs number.
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The gold market shot straight up in the air during the Friday session after the jobs never came out.
The GBP/USD bounced a bit on Friday to show signs of resiliency again, as we continue to see plenty of chop and noise in the markets overall.
The AUD/USD shot straight up in the air during the trading session on Friday in reaction to the jobs number.
The USD/JPY has pulled back significantly during the trading session after the jobs number.
The USD/CAD has fallen rather hard during the trading session on Friday, as oil has taken off.
The USD/ZAR has had a very rough trading session against commodity markets and commodity currencies during the trading session on Friday as we continue to see plenty of volatility in the Forex markets.
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The US dollar has taken it on the chin during the trading session on Friday, and the New Zealand dollar was by far one of the strongest currencies against it.
The EUR/USD has rallied rather significantly during the trading session on Friday, as traders have looked at the jobs number and decided that the Federal Reserve was going to lose in monetary policy.
My previous signal on 12th October produced a slightly profitable long trade from the bullish hammer candlestick which rejected the support level which I had identified at $0.6250.
Speculators of the EUR/USD that enjoy volatility are getting plenty of price action delivered on a daily basis.
The GBP/USD has delivered another week of rather nasty volatile results for speculators who like to trade one of the world’s most famous currency pairs.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.