The Euro initially pulled back a bit during the trading session on Monday, but then turned around to rally quite significantly.
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 British pound has rallied significantly during the course of the trading session on Monday as traders came back.
The gold markets have gone back and forth during the course of the trading session on Monday, as traders are starting to take a look at the yields again in America,
Top Regulated Brokers
The Australian dollar has rallied on Monday as traders came back to work, reaching towards the 50 day EMA.
Bitcoin markets have gone back and forth during the trading session on Monday as traders came back to work.
The British pound fluctuated during the quiet Good Friday session, but at the end of the day we are looking at a market that is simply consolidating above the 1.3750 level.
The New Zealand dollar initially rallied during the trading session on Thursday but then gave back the gains rather quickly in what were very illiquid conditions.
The gold markets have recently formed a little bit of a “double bottom”, and that could be the beginning of something rather interesting.
The Australian dollar initially tried to rally during the trading session on Friday, which was both Good Friday and Non-Farm Payroll Friday.
Bonuses & Promotions
The euro pulled back ever so slightly during Good Friday, which featured a lot less volume as usual.
The USD/JPY continues to trend higher, and important values from February 2020 are within sight for short-term speculators.
Light holiday trading may produce volatility for the USD/BRL near term as it hovers within the higher ratios of its three-month price range.
The USD/MXN continues to produce selling flourishes, even as the Forex pair has challenged higher values which have called into question bearish sentiment.
The USD/SGD remains within sight of important resistance and trading volumes are low due to the long holiday weekend.
Although there is a long-term bullish trend, we are more likely to see a meaningful breakout on the short side.