The US dollar has rebounded against major currencies, but the Pound is trying to hold.
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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Concern over the failure of the current round of trade talks between the United States and China and the future of the Brexit, which remains uncertain.
For the fourth day in a row, USD / JPY continues to correct lower to the 107.30 support level after failing to trade above the 108.47 resistance level last week.
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Bitcoin: More bearish but supportive trend line intact
The Euro has fallen a bit during the trading session on Monday, slicing through the 1.10 EUR level in the process.
The NASDAQ 100 has gone back and forth during the trading session on Monday, showing signs of volatility yet again.
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The US dollar has fallen a bit during the trading session on Monday to kick off the week but has found a bit of a bounce in the form of the 50 day EMA.
The Australian dollar gapped higher to kick off the trading session on Monday, but as we continue to go back and forth just above a major support level in the form of the 0.6750 level.
The British pound continues to be very volatile, which makes quite a bit of sense considering that the Brexit is still a complete mess.
The Gold markets gapped higher during the open on Monday and then continue to rally in order to break the $1530 level.
The West Texas Intermediate Crude market initially gapped higher to kick off the week but then slammed through the 200 day EMA to show signs of weakness
The Bitcoin market broke down significantly during the trading session on Monday, making yet another attempt to reach below the $9800 level.