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
The USD/TRY stabilized, trading near new all-time highs.
Bullish head and shoulders pattern with neckline at $1.2808
The EUR/USD pair bounced back after the latest US non-farm payrolls (NFP) data showed that the labor market was softening.
The BTC/USD pair remained in a consolidation phase on Monday as demand and volatility slipped.
The AUD/USD exchange rate moved sideways on Monday morning as traders assessed the impact of last Friday’s US non-farm payrolls (NFP) data on the Federal Reserve.
The overall sentiment for oil appears bullish, with indications pointing towards further upside potential.
The British pound has displayed resilience, experiencing a modest rally in the face of cooler US jobs data
A potential breakout above the top of the candlestick could propel the British pound towards the ¥183.50 level.
As an expert in the financial trading space, I am observing the market for signs of exhaustion that could potentially trigger a bearish move in the AUD
Bonuses & Promotions
Traders should be cautious, recognizing the inherent volatility of the USD/JPY currency pair.
In recent trading sessions, the EUR/USD has demonstrated resilience despite slightly weaker-than-expected jobs data in the United States.
The S&P 500's inherent tendency to rise over the long term has created a favorable environment for this type of trading strategy.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold markets experienced a slight downturn during Friday's trading session as they rebounded from the bottom of the bullish flag pattern that has been around for some time.
As the natural gas market experiences noisy fluctuations, investors are closely monitoring developments in the European Union.
The silver market experienced initial declines during Friday's trading session, briefly touching the 200-Day Exponential Moving Average before witnessing a surge in bullish pressure.