Bitcoin: Bearish head & shoulders would complete below $7,000
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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Brexit is thirty days away, but the UK will remain under EU rules and regulations until the transition period is concluded on December 31st 2020.
The West Texas Intermediate Crude Oil market went back and forth during the trading session on Monday, showing signs of exhaustion at the $62.50 level,
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Bitcoin has rallied a bit during the trading session on Monday, breaking above the $7250 level and even reaching above the $7500 level initially before pulling back and showing signs of exhaustion.
The US dollar has broken down significantly during the trading session on Monday as traders came back from the weekend.
The S&P 500 pulled back a bit during the trading session on Monday, as traders came back from the weekend.
The NASDAQ 100 has broken down a bit during the trading session on Monday as traders have fulfilled the target based upon the ascending triangle underneath.
The British pound rallied a bit during the trading session on Monday after the traders came back from the weekend, but ultimately this looks like a scenario where we are going to try to continue to break to the upside.
The Euro has rallied significantly during the trading session on Monday as traders came back from the weekend.
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The Australian dollar has broken higher again during the trading session on Monday, as traders continue to flock towards the Aussie dollar.
Natural gas markets fell a bit during the trading session on Monday, to test the psychologically and structurally important $2.20 level
The gold markets rallied slightly during the trading session on Friday, and what would have certainly been very thin volume.
Bullish momentum is fading after price action reached its resistance zone, but it managed to record a marginally higher high.
Thin trading volumes allowed the NZD/JPY to extend its rally over the past two weeks, but 2020 may see the return of a risk-off period.
Turkey’s economy is forecast to expand by 3.0% in 2020. The Turkish government predicts economic growth of 5.0% in each of the next three years,