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 crude oil markets have taken it on the chin over the last several weeks, falling from $65 after the killing of Gen. Soleimani in Iraq.
The positive results of the US economic data, and the rising fears of an unknown future for Brexit by the end of 2020 were.
At the beginning of this week’s transactions, a limited and calm movement is expected for the the EUR/USD pair.
The natural gas markets have tried to form a bit of a base over the last several sessions, showing signs of stabilization, something that this market desperately needs.
Bitcoin markets were relatively quiet during trading on Friday, as the market sits just below the $10,000 region.
Gold markets initially fell during the trading session on Friday, perhaps in reduction of risk when it comes to the futures market ahead of the Non-Farm Payroll figures,
USD/JPY: Long-term resistance above 110.00
BTC/USD: Retracement or trend change?
Uncertainty over Brexit and a Corbyn government is a distant memory, after Prime Minister Johnson delivered the best election result since 1986, less than two months ago.
Bonuses & Promotions
GBP/USD: New long-term lows below 1.2957
EUR/USD: New long-term lows below 1.0993
New Zealand Prime Minister Ardern confirmed that the economy is facing disruptions due to the deadly coronavirus, but noted they are manageable.
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