The AUD/USD price recovered as the US dollar retreated.
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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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At the beginning of last week’s trading, the bulls tried to control the direction of the EUR/USD currency pair, but the pace of gains stopped at the resistance level 1.0293.
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The USD/JPY currency pair started from the support level of 130.40 to the resistance level of 135.50 on Friday, after the announcement that US job numbers were stronger than all expectations.
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I have often recommended selling the GBP/USD pair from every bullish level and last week's trading moves confirmed the strength of what we mentioned.
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At the end of last week’s trading, gold futures fell to the level of $ 1764 an ounce, after gains were the highest for the price of gold in a month.
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The Turkish lira stabilized against the dollar during Monday morning trading, without major changes, as it appears that the Turkish Central Bank intervened to maintain the price of the lira at the current borders.
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Spot natural gas prices (CFDS ON NATURAL GAS) declined in the last trading at the intraday levels, to record daily losses until the moment of writing this report, by -2.00%.
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The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains in its last sessions by 0.23%, to gain about 76.65 points.
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The USD/SGD has held onto the upwards movement it created before going into the weekend as Monday has started and may entice traders.
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Speculators who enjoy opportunistic markets and wagering on the USD/INR may have a rather intriguing path ahead this week.
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Hits new August high above $24k.
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The AUD/USD currency pair fell significantly Friday as interest rates in America started to spike again.
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The USD/JPY currency pair rallied significantly Friday to break above the ¥135 level.
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The West Texas Intermediate Crude Oil market got a little bit of a bounce on Friday as the job number in America came out with over half a million jobs for the month of July.
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Gold markets fell hard Friday as the jobs number came out much stronger than anticipated.
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