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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 prices rose $1.49 an ounce on Tuesday, snapping a seven-day losing streak, as the dollar took a breather after hitting a 16-month high.
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The strength of the US dollar pushed the gold prices to the 1207 level per ounce, the lowest level for gold for a month.
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The S&P 500 initially tried to rally but then broke down rather significantly during trading on Monday, breaking below the 2750 level, showing signs of weakness yet again.
he WTI Crude Oil market initially tried to rally during the trading session on Monday, but then turned around to fall again.