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 trading session on Friday, breaking above the crucial 1.2650 level and the 200 day EMA.
The Euro initially rallied during trading on Friday, waiting for the jobs numbers to come out the United States.
Top Forex Brokers
India announced an extension of the nationwide lockdown until July, as new Covid-19 infections are spiking.
Silver markets have fallen during the trading session on Friday as the US jobs number was much better than anticipated.
Bitcoin markets pulled back slightly during the trading session on Friday, as the jobs number came out in force a lot of currencies higher against the greenback.
BTC/USD Forex Signal: Strong support at $9,431
Over the past four months, foreign investors took over $11.8 billion out of Brazil’s equity market.
Bonuses & Promotions
Singapore banks will likely get plenty of attention as summer emerges.
The Mexican Peso has trended stronger against the US Dollar the past two months and short-term indications look favorable too.
Last Friday’s US NFP report showed over 2.5 million job additions. It surprised markets and shocked economists who were, on average, predicting 8.0 million job losses.
Before the global Covid-19 pandemic, South Africa’s economy was suffering from the Eskom capacity issue, which led to ongoing blackouts,
Gold markets broke down significantly during the trading session on Friday as the job number came out much better than anticipated.