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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Bitcoin: Double bearish price channels push price down
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Bitcoin keeps marching to the downside and briefly dipped below the $8,000 level.
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Fundamental differences between the US and China are evident which places the phase one trade truce in jeopardy
Following a strong advance in the NZD/CAD, the uptrend is exhausted and vulnerable to a corrective phase.
A US bill in regards to the Hong Kong protests have angered China as the mood for a trade resolution between the world’s two biggest economies has soured
The US dollar has gone back and forth all day against the Japanese yen on Tuesday as markets have no place to be anytime soon.
The S&P 500 continues to test the top of the channel that we have been in for quite some time, so if we can break above the top of the candlestick during the trading session on Tuesday, then the market is likely to go much higher.
The NASDAQ 100 went back and forth during trading on Tuesday, but ultimately finished higher, showing signs of strength yet again.