The BTC/USD pair rose in the overnight session as investors assessed the risks associated with the new Russia sanctions.
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 DAX has gone back and forth during the trading session on Monday to show real confusion.
The NASDAQ 100 has gone back and forth during the trading session on Monday to form a massive neutral candlestick.
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The GBP/USD pair held steady in the overnight session as the market assessed the latest developments in Ukraine and Russia.
Litecoin has gone back and forth during the session on Monday as risk appetite is all over the place.
Solana initially fell during the trading session on Monday to show signs of weakness as the world continues to have a lot of volatility based upon geopolitics and monetary policy.
The EUR/USD pair bounced back as investors assessed the damage caused by the recent Russia sanctions and the impacts on the European and American economies.
Gold markets initially gapped higher to kick off the trading week and smash through the $1920 level.
The West Texas Intermediate Crude Oil market has spiked at the open on Monday as we have seen more fear enter the market
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The Bitcoin market initially fell during trading on Monday as there was a bit of a “risk-off” type of situation around the world.
At the end of last week’s trading, the price of the euro currency pair against the US dollar EUR/USD attempted to recover after its collapse to its lowest level during 2022
Implementation of the world’s fears of the outbreak of a Russian war in Ukraine contributed to an important turnout for investors to buy gold as a safe haven.
As with the rest of the risk currencies, the attempts to rebound higher for the GBP/USD currency pair did not last long by the end of the exciting week’s trading.
For three trading sessions in a row, the price of the USD/JPY currency pair is recovering, but the rebound attempts stop at the 115.75 resistance level.
The lira opened the weekly trading on a decline, with the increase in demand for the dollar against the currencies of emerging economies.