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 GBP/USD exchange rate could record a more determined advance over the coming days as the technical setup improves on short-term time frames.
The United States is currently experiencing what's commonly referred to as an "Indian Summer," which means warmer temperatures are on the horizon for the next week or two.
The USD/JPY jumped towards the psychological resistance level of 150.00 for a very short time before retreating towards the support level of 149.55.
Silver had a bit of a rollercoaster ride during Monday's trading session. It initially slipped below the 50-Day EMA, causing some concern.
Pound is not one of the strongest currencies.
The US dollar initially tried to rally against the Swiss franc on Monday but gave back gains as we approach the 50-Day EMA.
In Monday's trading session, the British pound displayed a modest rally, but it continues to encounter significant overhead resistance.
In Monday's trading session, the British pound exhibited some upward momentum against the Japanese yen, amidst a backdrop of market volatility.
The NASDAQ 100 initially fell during the overnight trading but turned around to show signs of resiliency during the trading session on Monday.
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The USD/JPY has showcased its resilience in recent trading sessions, consistently rebounding when it approaches the ¥150 level.
The EUR/USD pair rebounded in the American and Asian sessions as the bond market cooled down.
Bitcoin’s remarkable rally gained steam this week as investors remained optimistic about the crypto industry.
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The USD/JPY moved with gains towards the resistance level of 149.98, on the doorstep from the psychological resistance of 150.00.
The gains of the upward rebound of the GBP/USD currency pair did not exceed the level of 1.2191 before it closed trading around the level of 1.2160.