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 continuation of the US-China trade war will continue to cause a strong pressure on the performance of the Eurozone economy and consequently the Euro will continue to decline.
A new bearish momentum for gold prices ahead of the release of US economic growth figures, which will have a strong impact on the US dollar and therefore on gold prices that are currently established, around $ 1277 an ounce at the time of writing.
Ahead of the release of US economic growth figures later in the day, the USD/JPY is attempting to bounce back up to 109.78 at the time of writing, after bearish pressure pushed the pair to test the 109.14 support level.
NZDUSD analysis: significant bottom at 0.6500?
AUDUSD analysis: remaining bullish above 0.6900
USDJPY: more bullish
Bitcoin: remains bullish below new 1-year high near $9k
USDCAD: Bullish but 1.3529 remains resistant
USDCHF Analysis: weakly bullish
Bonuses & Promotions
GBPUSD: Bearish on harder Brexit prospects
EURUSD: Bearish as 2-year low in sight
NZDUSD analysis: Key test ahead at 0.6512 / 0.6500
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An unexpected landslide victory for a party supporting Brexit at any way in the EU election has increased pressure on the GBP/USD, which has raised expectations that Britain could exit the EU without a deal.
The foggy Brexit future along with further Japanese Yen gains, continues to negatively impact the GBP JPY, which fell to the support level at 138.03 at the time of writing, the lowest for more than four months.