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/MXN has seen a sincere short-term bullish trend develop since the middle of February; speculators may be contemplating its end.
The USD/SGD has seen a short-term bullish move higher, and this opens the door for speculators who may want to look for reversals.
ETH/USD has created a downward path the past week of trading, but this happened after achieving record highs.
Gold collapsed during last week's trading, breaking through the $1800 support level, which triggered profit-taking.
The GBP/USD lost all its upside correction gains during last week's trading, which had hit the 1.4240 resistance level, the highest in three years.
The USD/JPY corrected to the upside last week with gains reaching the 106.70 resistance level before settling around 106.53 at the beginning of trading on Monday.
After trying to correct upwards for six trading sessions in a row, the EUR/USD's rebound gains did not exceed the 1.2243 resistance level.
The DAX index gapped lower to kick off the trading session on Friday, right before we crashed into the uptrend line that I have drawn on the chart.
Gold markets have broken down significantly during the trading session on Friday, slicing through the $1750 level.
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The Australian dollar initially started falling during the trading session on Friday and did not bother looking back.
The S&P 500 fluctuated during the trading session on Friday, testing the 50-day EMA and the uptrend line that I have drawn on the chart.
The NASDAQ 100 rallied a bit during the trading session on Friday as we have seen a previous sell-off because of so much havoc in the market.
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Bitcoin markets fell rather significantly again during the trading session on Friday, which is not a huge surprise considering that we had formed a couple of shooting stars around the $50,000 level.
The West Texas Intermediate Crude Oil market pulled back a bit during the day on Friday to end the week in a flurry of profit-taking.