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 BTC/USD bounced back even as US Treasury yields rose, pushing the greenback higher.
The NASDAQ 100 initially fell during the trading session on Monday, as a lot of traders continue to buy dips going forward.
The US dollar has initially tried to rally during the course of the trading session on Monday but give back the gains as we reached towards the 50 day EMA.
The FTSE 100 initially fell after gapping higher on Monday but found plenty of support underneath the turn around and form a bit of a bullish candlestick.
Crude oil turned around as rumors crept into the market that the Russians are looking to continue production cuts, thereby adding more upward pressure on the market in general.
The S&P 500 initially pulled back during the trading session on Monday as people were worried about the fund that blew up on Friday.
The British pound has initially tried to rally during the trading session on Monday but gave back the gains once we got above the 50 day EMA and a sign of weakness.
The Euro has fallen a bit during the course of the trading session on Monday as we continue to see the US dollar strengthened overall.
The Australian dollar gapped higher to kick off the Monday session, but then went back and forth to form a less than impressive candlestick.
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The gold markets have fallen again during the trading session on Monday, as the yellow metal seemingly cannot get out of its own way.
Bitcoin markets have rallied quite significantly during the trading session on Monday as traders came back to work.
In the face of factors that increase gold's gains, the US dollar strengthened, which explains the weakness of gold's attempts to rebound higher during last week’s trading.
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In the last three trading sessions of last week, the USD/JPY pair moved near the 110.00 psychological resistance by testing the 109.85 resistance before closing flat around 109.66.
The EUR/USD pair's losses during last week’s trading culminated in a move towards a 4-month low, reaching the support level of 1.1761 before closing steadily around 1.1792.