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.
The NASDAQ 100 rallied significantly during the trading session on Monday, slicing through the 50-day EMA after it was announced that Washington was going to give Huawei a bit of a reprieve to buy American parts for the next 90 days.
Gold markets fell a bit during the trading session on Monday, reaching down towards the $1500 mark.
The British pound initially pulled back during Monday’s trading session, reaching down towards the 1.21 handle.
The Euro initially rallied during the trading session on Monday, breaking above the 1.11 EUR level.
The Bitcoin market initially tried to fall again during the trading session on Friday, but as we have seen over the last several days, buyers continue to jump in and push this market higher. At this point, the market has been testing a major support level over the last several days.
The Australian dollar initially tried to rally during the trading session on Monday, showing signs of exhaustion near the 0.68 handle.
USDCHF Analysis: Bulls failing at 0.9800 area
The US dollar tried to rally against the Japanese yen early in the day on Friday but has continued to find sellers on rallies.
