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
At the end of last week's trading, the XAU/USD gold price succeeded in rebounding upwards with gains extending to the resistance level of $1930 per ounce.
The USD/MXN delivered speculators' electric results last week as it essentially proved once again that it doesn’t need to correlate to the global Forex market.
The USD/ZAR continues to battle around the 19.00000 level and the near-term will likely create rather swift price action as financial institutions prepare for the Fed later this week.
The GBP/USD exchange rate dropped to the lowest level since June 6th as the US dollar index (DXY) and crude oil prices jumped.
The EUR/USD exchange rate was hovering at its lowest level since June this year as the US dollar strength continued.
Bearish double top at resistance level of $26,906.
The AUD/USD exchange rate moved sideways on Monday as traders started to reposition for the upcoming Federal Reserve decision.
The S&P 500 index appears poised to maintain its bullish trajectory, although a continuous ascent may not unfold in a straight upward trajectory.
The natural gas market displayed limited activity during Friday's trading session, hovering in close proximity to the 50-Day Exponential Moving Average.
Bonuses & Promotions
The EUR/USD made an initial attempt to rally during the recent trading session on Friday, but the lack of substantial momentum indicates that there's still a considerable journey ahead.
Crude oil markets took a slight step back during the early hours of Friday, signaling a potential need for a breather.
The AUD/USD initiated an attempt to rally during Friday's trading session, yet it encountered signs of weakness once again.
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Silver demonstrated a substantial rally in Friday's trading session, an ascent that brought it in close proximity to the 200-day Exponential Moving Average.
The USD/JPY exhibited a notable rally during the recent trading session, inching closer to the formidable ¥147.80 level, a significant hurdle in the current landscape.