The US dollar has rallied a bit during the trading session on Tuesday, breaking above the highs of the Monday shooting star, but has sold off later in the day.
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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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Gold markets initially fell during the trading session on Tuesday, reaching down towards the $1325 level, which of course has been important a couple of times in the past.
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AUDUSD analysis: Choppy short-term consolidation pattern
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USDCHF Analysis: Still consolidating around 0.9900
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The Euro went back and forth during the trading session on Monday as we are trying to get a grasp on where we are going next.
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The US dollar gapped lower against the South African Rand to kick off the week on Monday, reaching towards the 14.75 level.
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The US dollar initially gapped higher against the Japanese yen on Monday, and then spiked a bit before pulling back.
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The S&P 500 gapped a bit higher during the trading session on Monday, and then broke above the 2900 level in the E-mini contract.
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The WTI Crude Oil market initially rallied during the open on Monday, reaching towards the $55 level.
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