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
During Monday's trading session, the S&P 500 displayed a modest rally, managing to surpass the upper level of the hammer pattern observed during the Friday session.
Silver witnessed a substantial rally in Monday's trading session, propelling it closer to the prominent 200-Day EMA (Exponential Moving Average), a technical benchmark that holds significant psychological importance within the market.
The natural gas market showed a positive shift in Monday's trading session, surpassing the 50-Day EMA.
The EUR/USD exhibited a modest rally during Monday's trading session, signaling a resurgence as it surged above the 1.09 level.
The AUD/USD encountered a brief dip in Monday's trading session, only to swiftly recover shortly after.
The GBP/USD pair remained in a consolidation phase on Tuesday morning as the US bond yields surge continued.
The EUR/USD pair drifted slightly as market participants bought the dip after it dropped to a multi-week low of 1.0844 last week.
The BTC/USD pair remained in a tight range on Tuesday as traders reacted to last Friday’s crash and the soaring bond yields.
The AUD/USD is still sitting at its lowest level since November last year as concerns about Australian growth continued.
Bonuses & Promotions
During last week's trading, the bears increased the pressure on the performance of the EUR/USD currency pair, with losses affecting the support level 1.0845,
By the end of last week's trading, gold futures contracts cut off a series of losses that lasted for nine days.
At the end of last week’s trading, the price of the US dollar currency pair against the Japanese yen, USD/JPY, was exposed to profit-taking sales, pushing it towards the 144.92 support level.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.At the end of last week's trading, the price of the British pound fell against the currencies of the euro, the dollar and others, as British retail sales disturbed the economic waters.
The USD/TRY maintained its stability near its highest levels ever, amid the Turkish Central Bank's continued shift in its monetary policy.
The USD/JPY pair has exhibited a minor retreat, yet prevailing indicators suggest the potential for an upward trajectory.