The US dollar has gone back and forth during the trading session again on the Monday as we continue to see a lot of noise.
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 has been falling rather precipitously against the British pound for several weeks, and of course there was more of the same during the month of September.
The EUR/JPY pair has been volatile during the month of September, going as low as ¥116, and as high as ¥120.
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The Euro has fallen again during the month of September, as we now find ourselves solidly below the 1.10 level.
The British pound has been all over the place during the last several months, initially reaching to the ¥135 level before rolling over a bit. In fact, on the weekly chart, you can see that there was a shooting star right at that level after the drone strike in Saudi Arabia.
The British pound of course has been all over the place of the last couple of years, grinding back and forth but with more of a downward tilt.
Natural gas markets gapped lower to kick off the trading week on Monday, but then turned around to fill that gap before falling yet again.
The crude oil markets have had a rough go over the last couple of weeks, after initially spiking higher due to the drone attack in Saudi Arabia.
The NASDAQ 100 has been slightly bullish during the trading session after gapping higher on Monday
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Gold markets have broken down significantly during the trading session on Monday, slicing through the important $1490 level
The Euro broke down during the trading session on Monday, slicing through the 1.09 level.
The S&P 500 gapped higher to kick off the week on Monday, but then pulled back a bit to try to fill that gap.
The British pound initially tried to rally during the trading session on Monday but found quite a bit of resistance
The Australian dollar went back and forth during the trading session on Monday, reaching towards the 0.6750 level.
The US dollar has been grinding higher for several days against the Mexican peso now, and Monday of course wasn’t any different.