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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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.
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.
The AUD/USD has shot straight up in the air during the trading session on Monday, breaking the bank of a lot of sellers over the last couple of days.
The GBP/USD pair wavered on Tuesday ahead of important economic data from the United States and the United Kingdom.
The BTC/USD pair made a strong bearish breakout as demand for cryptocurrencies retreated.
The AUD/USD exchange rate drifted upwards on Monday as the recent US dollar sell-off took a breather.
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During last week's trades, the bear's control over the direction of the price of the EUR/USD currency pair increased as it fell to the lowest support level of 1.0686 in three months
Gold futures failed to avoid a weekly loss, as the rising US dollar and rising Treasury bond yields affected the yellow metal.
The price of the USD/JPY currency pair rose now to trade at a few levels above the 100-hour moving average.
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The USD/JPY initially experienced a sharp decline during Friday's trading session, descending to the ¥145 level, before staging an impressive comeback.
The gold market recently experienced a modest boost on Friday, yet the future remains shrouded in uncertainty.