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 GBP/USD began this week on a bullish note, settling around the 1.3788 resistance level as of this writing, its highest since April 2018.
For three trading sessions in a row, the EUR/USD pair is moving in an upward correction range, settling around the 1.2085 level.
The euro rallied again on Monday as we seem to be lacking any real decisive action yet again.
The British pound pulled back a bit during the trading session on Monday but has turned around to show signs of strength yet again.
The FTSE 100 gapped higher to kick off the trading session on Monday to reach towards the recent highs but gave back some of the gains.
The NASDAQ 100 rallied again during the trading session on Friday as it typically does.
The S&P 500 continued to rally during the trading session on Monday, breaking towards the 3900 level.
Bitcoin has broken out during the trading session on Monday, clearing the $40,000 level rather quickly.
The gold markets recaptured the 200-day EMA during the trading session on Monday to kick off the week on a positive note.
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The price may now be close to running out of room to rise as it approaches a confluence of resistance at 1.2100.
The Australian dollar had a bullish session on Friday, but on Monday we saw an extension of that move.
The US dollar initially tried to rally on Monday but then fell again as crude oil markets rallied.
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The Bitcoin price (BTC/USD) soared to a record high of $47,405 after positive events from Tesla.
The GBP/USD price broke out in the American session helped by the overall weak US dollar after the Tesla Bitcoin announcement.