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.
Most Recent
The US dollar has initially plunged lower during the trading session on Monday, as traders reacted to the new tariffs imposed on the Chinese by the Americans after the markets closed on Friday.
Top Regulated Brokers
The British pound initially tried to rally during the session on Monday, but as you can see has rolled over to show signs of weakness.
The Euro tried to rally initially during trading on Monday and what would have been the first opportunity traders had to react to the increased tariffs coming out of the United States on the Chinese.
The Australian dollar initially fell hard during the trading session on Monday, as traders finally had an opportunity to react to the tariffs added by Donald Trump late on Friday.
The US dollar shot higher during early trading on Monday, as we broke above the 20 MXN level.
The Bitcoin market went back and forth in a rather quiet trading during the trading session on Monday, which is probably a good thing considering everything else that we had seen around the financial world.
The S&P 500 initially gapped lower to kick off the week, as we have seen a lot of concern when it comes to global trade after Donald Trump added more tariffs on the Chinese.
Bonuses & Promotions
The West Texas Intermediate Crude Oil market initially gapped lower in reaction to the total “risk off” type of situation that we found ourselves in in early Asian trading.
The NASDAQ 100 initially gapped lower to kick off the week as we had a bit of a “risk off” type of situation.
Natural gas markets have rallied significantly during the trading session on Monday as traders returned from the weekend.
USDCHF Analysis: Consolidating between 0.9774 and 0.9818