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
After four trading sessions in which the USD/JPY pair attempted an upward correction with gains to 107.88, it returned to stability around the 107.55 level
AUD/USD: Bears are winning
Risk appetite for the Brazilian Real has eroded the past few trading days and seen a wave of USD/BRL buyers step up and push the forex pair towards important resistance levels.
The Indian Rupee continues to demonstrate an ability to test a wide range.
USD/JPY: 107.86 looks likely to be today’s pivotal point
BTC/USD: Bulls holding support at $9,014
The NASDAQ 100 gapped lower to kick off the trading session on Monday, dropped a bit, but then found buyers underneath at what would be the bottom of the overall channel.
The US dollar has rallied a bit against the Japanese yen during the trading session on Monday, as we have seen a bit of US dollar strength in general.
The S&P 500 initially gapped lower to kick off the trading session on Monday as people started to worry about coronavirus figures again
Bonuses & Promotions
The British pound initially tried to rally during the trading session on Monday, but then rolled over again to break down below the 1.23 level.
The Euro has initially rally during the trading session on Monday, but then gave back quite a bit of the gains once the market reached towards the 1.13 level.
The Australian dollar has done almost nothing during the trading session on Monday, as we have gone back and forth to show signs of lackluster behavior.
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The Malaysian Ringgit has provided traders with a solid test of their emotional fortitude the past few sessions as forex markets display signs of volatility
Germany’s economy is faced with a steep recession in 2020, estimated between 6.5% and 8.5%, while it battles a resurgence of Covid-19 infections.