AUD/USD: Yet bears still holding 0.7000
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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The Euro continues to rally significantly, slamming into the 1.1350 region.
The past day of trading for the USD/MXN has produced a fairly solid range of 22.6400 to 22.8700 for the currency pair.
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The USD/NOK has produced a solid selling trend the past week.
The USD/PRK has actually found a slightly bearish trend develop the past couple of days.
The USD/SGD has seen a burst of selling emerge the past day and short term momentum is making current support levels appear vulnerable.
BTC/USD: Yet bulls muted below $10,000
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Brazilian President Jair Bolsonaro tested positive for the Covid-19 virus on Tuesday but confirmed that he is in good health.
India began to ease lockdown restrictions related to the Covid-19 pandemic on June 8th and witnessed a surge in new infections since then.
The bitcoin markets have rallied a bit during the trading session on Wednesday, breaking above the $9400 level.
The silver markets have broken above a major resistance barrier during the trading session on Wednesday, leaving the $19 level behind.
The gold markets have rallied significantly during the trading session on Wednesday, slicing through the $1800 level.