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 British pound has recovered nicely during the trading session on Tuesday, breaking above the inverted hammer from the previous session.
GBP/USD: Yet several failed recent pushes up
EUR/USD: No directional bias
Silver markets have pulled back just a bit during the trading session on Tuesday as we continue to test the $26 level for support.
The West Texas Intermediate Crude Oil market has rallied during the course of the trading session on Tuesday, as the 200 day EMA underneath continues to offer support.
The bitcoin markets have fallen during the trading session on Tuesday, reaching towards the $11,300 level.
The gold markets fell a bit during the trading session on Tuesday as we continue to see a lot of noisy action in the markets.
Speculators of the USD/SEK have certainly seen plenty of sideways trading the past month, but choppy conditions have also allowed traders to use resistance levels in order to engage in selling.
AUD/USD: Even balance between 0.7139 and 0.7217
Bonuses & Promotions
USD/JPY: No long-term trend
Speculators who have pursued the bearish trend of the USD/INR the past few months may be patting themselves on the shoulder this morning.
The USD/ZAR’s bearish trend certainly has generated more power since late last week.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/PKR bullish trend remains strong and traders who are brave enough to speculate on this Forex pair will need to practice persistence
Singapore gained relative control over the Covid-19 pandemic, but the risk of a secondary wave remains globally.
According to the assessment of Hugo Lopez-Gatell, the Deputy Health Minister of Mexico, the Covid-19 pandemic is in a sustained decline across the country.