Bitcoin has remained surprisingly steady during the trading session on Monday as the US dollar has crushed almost everything in its sites.
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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Last week’s intervention by the Bank of Japan to ‘protect’ the Japanese Yen worked wonders.
The GBP/USD crash to a record low in the overnight session even after assurances by the Bank of England (BoE) and the UK’s Treasury Department.
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The EUR/USD price remained under pressure despite a hawkish statement by Christine Lagarde of the European Central Bank (ECB).
The BTC/USD remained in a tight range as Bitcoin’s correlation with American equities eased.
The AUD/USD price continued its downward trend as the relentless sell-off gathered momentum.
The Euro fell again during trading on Monday as the “risk off” trait is most certainly in full effect.
The British pound has been all over the place during the session on Monday, as we continue to see plenty of negativity.
Gold markets have fallen again during the trading session on Monday, as the US dollar continues to strengthen against everything.
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The DAX Index has broken through major support level during the trading session on Friday, slicing through the €12,500 level.
The West Texas Intermediate Crude Oil market has broken significantly through support, as the $80 level is now in the rearview mirror.
The AUD/USD pair continued crashing amid a strong US dollar and rising worries of the global economy. It dropped to a low of 0.6530, which was the lowest level
The BTC/USD price continued its consolidation phase during the weekend even as investors continued their fear in the market. Bitcoin was trading at 18,900
The EUR/USD price continued falling as the strong US dollar continued its bullish trend. It crashed to a low of 0.9692, which was the lowest level in more than
The S&P 500 has fallen hard during the course of the trading session on Friday, to test the lows from June.