BTC/USD: $9,500 area looks very decisive
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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GBP/USD: Strong pivotal point likely at 1.2456
Brazil and the US are leading the total global Covid-19 count, as well as new daily infections.
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Global Covid-19 infections are surging to new daily records, led by the US.
India and China are attempting to defuse the border conflict at Galwan River valley peacefully after a brawl left dozens of troops dead.
Australia is heading towards an economic collapse unless the government maintains its present support.
The value range of the USD/ZAR continues to deliver a known trading range which speculators may find opportunistic and worthy of taking positions.
EUR/USD: Bearish head & shoulders pattern completed
Safety means a lot to traders particularly as the weekend approaches.
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Silver markets have rallied a bit during the trading session on Thursday as we continue to see strength in precious metals markets overall.
The USD/PKR does not trade in a vacuum, but recent trading of the Pakistani Rupee suggests that its trend is not correlated to many forex pairs.
Bitcoin markets have gone back and forth during the trading session on Thursday, as we continue to see a lot of noise in this market.
Gold markets have rallied significantly during the trading session on Friday, reaching above the $1750 level for the first time in a while.
The West Texas Intermediate Crude Oil market looks as if it is trying to rally towards the $41 level, which is the top of the gap.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of June 21, 2020.