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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At the beginning of this week's trading, gold futures rose, with attention focused on the Federal Open Market Committee (FOMC) meeting for the month of September.
The past week and a half of trading in the USD/CAD has seen a sustained decline, this as the U.S. Federal Reserve prepares to make its pronouncements tomorrow.
Fast changes of direction and market velocity are creating dangerous trading for unprepared speculators in the USD/SGD as it waits for tomorrow’s Fed results.
The gold market exhibited a modest uptick as the trading week commenced on Monday.
The early hours of Monday saw the S&P 500 exhibit a subdued demeanor, with a dearth of significant economic data to inform market movements throughout the day.
Silver made a modest rally during Monday's trading session, showing signs of attempting to breach the stubborn $23.50 resistance level, which has been a notable barrier in recent times.
The GBP/USD most recent trading session unfolded on Monday, characterized by an attempt at a rally that ultimately resulted in a retracement, reflecting the overarching market uncertainty.
The EUR/USD faced a tough battle in the recent trading session as it attempted to rally, but the absence of substantial momentum suggests that it's not out of the woods yet.
The British pound’s sell-off continued as the price of crude oil and the US dollar index rally gained steam.
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The EUR/USD exchange rate was flat ahead of the upcoming European consumer inflation, US housing starts, and the Federal Reserve decision.
Bitcoin price rose to a high of $27,420 on Monday as cryptocurrencies bounced back.
Supportive area above $0.6400 likely to be pivotal today.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/TRY maintained its slow movements with the opening of the market today, Monday, amid the successive measures of the Turkish Central Bank, which aim to tighten the monetary policy in the country.
Amid speculations that the latest increase in interest rates from the European Central Bank will be the end of the tightening cycle, the euro did not benefit from the decision.
This week, the dollar/yen pair will be watched closely with the announcement of the policies of both the US Federal Reserve Bank and the Japanese Central Bank.