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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Gold markets have initially pulled back during the trading session on Monday to kick off the week, testing the $1500 level for support.
USDCAD: Ranging from 1.3185 to 1.3272
USDCHF Analysis: Price back up above 0.9700 support level
GBPUSD: Bearish below 1.2106
EURUSD: Still ranging from 1.1163 to 1.1244
For the fifth consecutive trading sessions, the EUR / USD stabilized around the psychological 1.1200 support level, waiting for any developments amid stronger bearish momentum
The British economy shrank to its lowest level in six years in the second quarter, adding to expectations that the British economy could be hit by a severe recession if the country leaves the EU without an agreement.
With the beginning of this week’s trading, gold prices are undergoing a downward correction to the 1492 support level, amid profit-taking sellings
The pace of USD/JPY losses stalled on the threshold of 105.00 psychological support, the pair's lowest price in seven months, and stabled around 105.45 support at the time of writing
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The West Texas Intermediate crude oil market has gapped higher to kick off the trading session on Friday, pulled back a bit, and then shot out from the $52.50 level to slam into the $55 level.
The Euro has tried to rally again during the trading session on Friday, but as you can see, the 50 day EMA continues to attract a lot of selling pressure.
The British pound broke down a bit during the trading session on Friday, slicing through the 1.21 level, an area that has been offering a bit of support in the recent couple of weeks.
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Sign up to get the latest market updates and free signals directly to your inbox.The NASDAQ 100 has gone back and forth during the trading session on Friday and it looks like the Monday session is going to be rather difficult.
Natural gas markets initially fell during the trading session on Friday but then turned around to bounce a bit during the trading session on Friday to show signs of support.
The US dollar rallied a bit during the trading session on Friday as we broke above the top of the shooting star that formed on Thursday.