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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With a temporary halt to the gains of the American dollar, the price of gold XAU/USD tried to rebound upwards,
With the yen performing as one of the worst performing currencies in the world, could this change things?
At the beginning of trading, the exchange rate of the GBP/USD currency pair was moving in a narrow range with its downward slope between the 1.2460 support level.
The USD/SGD produced a solid reversal lower yesterday, but early trading today has been sideways as cautious sentiment continues to be demonstrated in global markets.
The USD/CAD is trading near the 1.358000 mark as of this writing, after opening yesterday’s market session around the 1.36400 level.
Bank of Japan Gov. Ureda spoke over the weekend to the Japanese press suggesting that perhaps the Bank of Japan could be able to raise rates by the end of the year if employment figures continue to behave the way they are.
Monday's trading session witnessed natural gas markets stabilizing, leaving traders contemplating the path forward.
The gold market recently experienced a modest boost on Monday, yet the future remains shrouded in uncertainty.
The yen-related pairs all gapped lower to kick off the trading week, and of course, the GBP/JPY pair was no different.
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Last Monday, concerns regarding the euro's stability took the spotlight.
Pivotal support level at $1.0719.
The S&P 500 bounced from the 50-Day EMA during the trading session on Monday, showing signs of life, and therefore I do think that Wall Street is coming back to try to pick up a bit of value.
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Sign up to get the latest market updates and free signals directly to your inbox.Monday ushered in a noticeable dip in the silver market, casting a veil of uncertainty over traders as they grapple with the market's elusive direction.
Crude oil trading remained relatively tranquil in Monday's session, signaling an imminent shift in market dynamics.
The GBP/USD has rallied significantly during the trading session on Monday, as it looks like the 200-day EMA is going to offer enough support to turn things around.