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.
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The natural gas markets have been quite the rollercoaster ride lately, but it seems like we might be finding some stability along the uptrend line.
During the last trading session on Friday, gold markets dropped slightly which necessitated a closer look at the 50-Day Exponential Moving Average.
The price of the US dollar headed to record its best week against the yen in three months, as the USD/JPY pair jumped towards the 151.60 resistance level.
The EUR/USD experienced a modest rebound in Friday's trading session, finding some support around the 50-Day Exponential Moving Average.
The GBP/USD pair plunged to the support level of 1.2186 on Friday before closing the week's trading around 1.2225.
The USD/MXN experienced fast price velocity on Thursday and Friday of last week, this before going into the weekend only slightly higher compared to the start of trading last week.
Early trading in the USD/ZAR this Monday has seen the currency pair come off highs generated before going into the weekend, as traders seek fair value and tranquil outcomes.
The trading session on Friday witnessed a slight rally in the US dollar.
The recent performance of the GBP/USD in the trading session has been marked by a downward trend.
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Crude oil markets once again witnessed a resurgence in activity during Friday's trading session, characterized by the persistent presence of turbulent price fluctuations.
The GBP/JPY has exhibited a persistent consolidation pattern against the Japanese yen, with the market hovering around the ¥185 level.
The AUD/USD has experienced a notable decline in recent days, and Friday exhibited a continuation of this downward trend.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD exchange rate remained under pressure on Monday morning as traders assessed risks to the US economy.
Bitcoin price continued its spectacular comeback as demand from retail and institutional investors continued.
The AUD/USD exchange rate dropped for six straight days as the US dollar index (DXY) continued its rebound.