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
With the beginning of this week’s trading, gold prices rose to achieve sharp gains that pushed it to the resistance at $1763 an ounce,
A positive but cautious start for the GBP/USD price for this week, as the pair bounced to 1.2476 after the recent sell-off that pushed it towards the 1.2335 support,
The USD/MXN remains ultra-attractive for speculators with a slight taste for volatility and the ability to manage their risk wisely.
The Euro initially surged during the trading session on Monday, reaching all the way towards the 1.1275 level before running into a bit of trouble.
The US dollar gapped a bit lower during the trading session on Monday, but then turned around to fill that gap.
The S&P 500 has initially gapped lower during the trading session on Monday, but then turned around to not only fill that gap at continue going higher.
The Australian dollar has shot straight up in the air during trading on Monday, as we continue to see hopium take over the markets.
The NASDAQ 100 rallied a bit during the trading session on Monday, as we are broken back above the 10,000 level.
The British pound shot higher during the trading session on Monday, taking a serious shot at breaking above the highs from the Friday session.
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BTC/USD: Yet strong bearish reversal from $9,731
Pakistan remains on a path to implement structural economic reforms, which were initiated before the Covid-19 pandemic suspended activities.
Indonesia is faced with a string of downward revisions to its 2020 GDP, resulting from the Covid-19 pandemic.
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South Africa crossed the 100,000 level in Covid-19 infections yesterday, as global daily cases continue to surge globally
Important resistance was tested by the USD/BRL late on Monday but has seen a bit of a reversal the past few hours.