The euro initially tried to rally during the early hours on Monday but found the 50-day EMA to offer a little bit of resistance.
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 S&P 500 fell a bit on Monday in the futures market but turned around to form a bit of a hammer.
The German DAX Index had a horrible session on Monday, gapping lower to kick off the future session and then simply continued falling.
Top Regulated Brokers
The GBP/USD pair retreated in the overnight session as traders waited for the upcoming UK jobs and inflation numbers scheduled for Tuesday and Wednesday.
The EUR/USD pair retreated sharply in the overnight session after a speech by Christine Lagarde in which she reiterated about ECB policy.
The BTC/USD was relatively resilient in the overnight session even as American equities retreated on Ukraine fears.
The price of gold moved strongly upwards, reaching the resistance level of 1865 dollars an ounce, starting from the level of 1821 dollars an ounce on Friday
The USD/JPY bulls gained more momentum, especially after the announcement of stronger numbers than all expectations for US inflation.
Despite the strength of the US dollar following the announcement of stronger than expected results of US inflation levels, the GBP/USD currency pair showed remarkable resilience
Bonuses & Promotions
We expected that gains in the EUR/USD currency pair would be subject to profit-taking at any time, as the divergence in economic performance
Turkish lira prices declined against the dollar during today's trading, as the lira is still stable above the moving averages 50, 100 and 200
The Dow Jones Industrial Average slipped down in its recent trading at the intraday levels, to record losses in its last sessions and for the second day in a row, by -1.43%.
Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels.
SOL/USD has displayed additional nervous selling the past day, which has added fuel to potential nervous speculative elements as the cryptocurrency slumps short term.
BNB/USD has turned lower the past day of trading and is edging towards support levels, which may spark additional nervous sentiment among speculators.