No one is going to mistake the Pakistani Rupee for the Swiss Franc.
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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Speculators who have grown wary of the consolidated range within the USD/BRL as it straddles a rather resilient value may want to take into consideration a coming risk event
GBP/USD: No long-term trend
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EUR/USD: Euro relatively strong against resurgent U.S. dollar
The NASDAQ 100 went back and forth during the trading session on Monday, mainly to the downside as we initially tried to rally during the Asian session.
The S&P 500 has broken down significantly during the trading session on Monday, slicing through the 3400 level.
The US dollar rallied a bit during the trading session on Monday to test the ¥105 level, before pulling back just a bit.
The Australian dollar has gone back and forth during the trading session on Monday, as we have nowhere to be right now.
The bitcoin market has gone back and forth during the trading session on Monday, reaching above the $13,000 level.
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The Euro initially tried to rally on Monday but then broke down a bit to show signs of weakness again.
The British pound continues to go back and forth overall, as we are dancing around the 1.30 level.
The silver markets broke down a bit during the trading session on Monday to show signs of weakness yet again.
The West Texas Intermediate Crude Oil market has shown itself to be very soft to kick off the week, gapping slightly lower and then breaking away.
Gold markets have done very little during the trading session on Monday, as we dance around the $1900 level yet again.
Despite new fears and restrictions that European countries implemented to contain the outbreak of the Corona epidemic, the EUR/USD succeeded in achieving gains