USDJPY: Bulls trying to break & pop above 107.50
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: Strong bullish breakout to 5-month high of $13k
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GBPUSD: Pound weakens against resurgent Dollar
EURUSD: Bearish retracement from 3-month high price
The Euro has pulled back a bit during the trading session on Tuesday, slicing through the 200 day EMA but has bounced back above it.
Bitcoin markets rallied a bit during the trading session on Tuesday, breaking above the $11,000 level and perhaps even more important breaking above the highs from the previous session.
The US dollar initially fell hard against the Japanese yen but has bounced significantly to turn around of form a bit of a hammer.
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The WTI Crude Oil market went back and forth during the trading session on Tuesday, showing signs of indecision.
The S&P 500 broke down significantly during the trading session on Tuesday, showing quite a bit of negativity.
Gold markets went back and forth during erratic trading on Tuesday, as the market continues to try to defy gravity.
NZDUSD analysis: Bulls in danger at key 0.6650 / 0.6700 zone
AUDUSD analysis: Bulls pushing price up towards key 0.7000 area