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
Throughout the July trading, the EUR/USD performance was in a permanent upward correction pushing it to the 1.1908 resistance, the highest level in months.
Yellow metal bulls succeeded in pushing the price of an ounce of gold towards the $1983 resistance, its highest level in history.
It was surprising that the GBP was doing well despite the recent fall in global stock markets and a clear lack of headlines about Brexit.
Last Friday's session was the best daily performance for the USD/JPY pair in months, as the pair bounced strongly from the 104.18 support, the lowest for 20 weeks, to the 106.05 resistance.
BTC/USD: Waiting for a bearish correction
USD/JPY: The strength of the decline remains
AUD/USD: Gains will continue to be threatened
GBP/USD: 1.3000 psychological resistance awaits Brexit developments
EUR/USD: Bulls control stands
Bonuses & Promotions
The past five days of trading for the EUR/GBP have produced a bearish trend as the Pound has proven strong.
The US dollar initially pulled back and fell towards the ¥104 level during the trading session on Friday but then turned around to rally rather significantly, reaching towards the ¥106 level.
The British pound rallied a bit during the trading session on Friday, reaching towards the 1.3150 level before pulling back again.
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The NASDAQ 100 initially gapped higher during the trading session on Friday, but then fell like a rock earlier in the day.
The S&P 500 fell during the trading session on Friday but as you can see, we ended up turning around to show signs of resiliency yet again.