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
Following a sharp corrective phase, the NZD/SGD entered a sideways trend after moving into a substantial support zone.
AUD/USD: Very Bearish
USD/JPY: Consolidating between 108.62 and 109.18
As the new string of a deadly coronavirus spreads around the world, Asian economies are the most directly impacted ones.
Bitcoin: Bullish above $8,800
The US dollar has gapped lower to kick off the week as fears about the coronavirus in the Chinese mainland continue to have people running for cover.
The S&P 500 has gapped lower and broke down rather significantly during the trading session on Monday as traders continue to react to the negativity coming out of China.
GBP/USD: Strongly Bearish
The NASDAQ 100 has fallen rather hard during the trading session on Monday, as we continue to see a lot of concerned traders around the world.
Bonuses & Promotions
The Euro initially tried to rally during the trading session on Monday, but then fell rather hard to reach towards the psychologically and structurally important 1.10 level.
GBP/USD Forecast: GBP tries to Rally but Looks Likely to Dipped Towards Trendline.
EUR/USD: Bearish
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While the West Texas Intermediate Crude Oil market has been an absolute disaster over the last couple of weeks, we are starting to run into signs of exhaustion as far as sellers are concerned.
The natural gas markets initially tried to rally during the trading session on Monday but gave back its gains as markets around the world generally were relatively sluggish.