The risk appetite and the abandonment of safe havens pushed the price of gold down to the $1488 support an ounce, after opening the week's trading around the $1508 resistance.
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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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Global crude oil prices rise ahead of US-China trade talks scheduled to begin later this week, contributed to the pressure on the USD / CAD pair to pull back to the 1.3290 support
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XRP/USD: Can rally extend into its resistance zone?
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The NASDAQ 100 tried to rally during the trading session on Monday, indeed keep some of the gains after gapping lower.
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The WTI Crude Oil market initially shot higher during the trading session on Monday, breaking above the top of the shooting star shaped candle stick from the Friday session
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Natural gas markets gapped slightly lower to kick off the trading session on Monday, and then fell towards the $2.30 level.
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Gold markets fell hard during the trading session on Monday to kick off the week, crashing through the $1500 level.
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The US dollar has gapped higher to kick off the week against the Mexican peso, and then broke above the 50 day EMA.
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The Euro initially was all over the place during the trading session on Monday but was essentially chopping around and floundering more than anything else.
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The British pound has gone back and forth during the trading session on Monday after initially gapping lower, as the market simply doesn’t know what to do right now.
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The US dollar has initially gapped lower during the trading session on Monday, but then broke towards the 50 day EMA above.
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The Australian dollar initially gapped lower to kick off the trading week, as we continue to dance around the 0.6750 level.
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The S&P 500 initially gapped lower during the trading session on Monday in the futures market, broke higher, clearing the 50 day EMA before turning around.
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