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 gold markets dropped somewhat significantly during the trading session on Tuesday as we are taking a bit of a break from the massive “risk off”
Canada’s exposure to the oil market has increased recession risks following the most massive oil price contraction since 1991.
GBP/USD: Expect more volatility
EUR/USD: High volatility
AUD/USD: Likely that the price has put in a long-term bottom
In the beginning of this week's transactions, we noticed violent price gaps, amid increasing global fears of a growing Corona spread
Sharp sales in global stock markets and the USD, along with continues fears regarding the Corona virus are all factors that motivated the price of gold
For the third consecutive week, the USD/JPY pair continues its sharp losses, as the pair surged to the 101.17 support in the beginning of this week's trading
GBP/USD price gains halted at the 1.3200 resistance, its highest in five weeks, and profit taking sales pushed the pair to the 1.3061 support,
Bonuses & Promotions
USD/JPY: Strong recovery but stalling at 105.00
Over the past few trading sessions, doubts over the interconnectivity of the cryptocurrency market, and the global financial system, were eliminated.
BTC/USD: Panic hitting Bitcoin
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EUR/USD: USD recovering
Following the collapse of the OPEC+ deal to limit supply in favor of price stability, oil prices suffered their most critical breakdown since the US invasion of Iraq in 1991.