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 BTC/USD bounced back in the overnight session as investors rushed to buy the dips.
The ETH/USD price dropped sharply today, accelerating the cryptocurrency sell-off that started yesterday.
Gold had a strong bullish start this week as it jumped to the $1812 level before settling around $1809 at the beginning of trading on Tuesday.
The easing of UK coronavirus restrictions caused the GBP/USD to correct upwards, its gains reaching the 1.4086 resistance level, where it settled around as of this writing.
Ahead of testimony by Federal Reserve Governor Jerome Powell later today, the USD/JPY experienced strong bearish momentum.
Global risk appetite prompted the EUR/USD currency pair to correct upwards, reaching the 1.2170 resistance level before settling around the 1.2155 level at the beginning of Tuesday's trading.
The USD/BRL has produced a rather consistent short-term incremental trend upwards as the Forex pair demonstrates bullish sentiment.
The USD/ZAR has reversed higher after challenging long-term support only one day ago and the higher values may be an opportunity for traders.
The USD/INR has maintained its rather aggressive bearish trend, and what should intrigue speculators is the absence of volatile reversals higher.
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The USD/SGD continues to confront important support levels, but the battle to maintain bearish momentum has not been easy.
The FTSE 100 has fallen significantly during the trading session on Monday to reach down towards the 50-day EMA.
The euro rallied again during the trading session on Monday, showing signs of strength.
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Sign up to get the latest market updates and free signals directly to your inbox.The British pound initially pulled back during the trading session on Monday but turned around to show signs of strength again.
The NASDAQ 100 got hammered during the trading session on Monday as the markets got away from some of the “stay-at-home stocks” that so many people have been piling into.
The S&P 500 pulled back a bit during the trading session on Monday to reach down towards the 3860 level.