The US dollar has fallen during a large portion of the trading session on Monday but continues to find support in the same general vicinity, just below the 1.25 handle.
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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Ethereum markets spiked higher during the trading session on Monday to break above the $3500 level.
The Litecoin market rallied a bit during the trading session on Monday to break above the $125 level initially.
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The S&P 500 has rallied just a bit during the trading session on Friday to show signs of life again, but we still have to worry about a significant amount of resistance above based on short-term charts.
The West Texas Intermediate Crude Oil market has rallied on Monday to kick off the week on the right foot.
The gold markets have done very little during the session on Monday, as we continue to go sideways overall.
The Euro has fallen again during the trading session on Monday to kick off the week on the back foot yet again.
The New Zealand dollar has rallied a bit during the trading session on Monday again, as we continue to consolidate below the 0.70 level to show signs of building pressure,
The German index initially fell a bit during the trading session on Monday, but then turned around to show signs of strength again.
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SOL/USD is providing traders with an enticing trend upwards as it has made resistance levels look rather vulnerable.
DOT/USD is trading below the 23.0000 juncture as of this writing, but its current value may attract the attention of optimistic speculators.
The EUR/USD pair downward trend continued on Monday and Tuesday morning as the European Union considered more sanctions on Russia.
The BTC/USD pair retreated slightly on Monday and Tuesday as last week’s spectacular rally took a breather.
The GBP/USD pair remained in a tight range on Tuesday morning as investors continued to assess the impact of the ongoing war in Ukraine.
The Bitcoin market has rallied a bit during the Monday session to show signs of a push to the upside, but we have also seen the market give up all of those gains to form a relatively negative candlestick.