Bitcoin continues to go sideways overall in very uninspired trading. The market has been in the descending triangle since the beginning of the year, and as such the analysis has been very similar most days.
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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The Euro initially tried to rally during the day on Monday to kick off the week, showing signs of support again at the 1.15 handle.
The US dollar has rallied against the Japanese yen, breaking above the highs from the last couple of days.
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Get the NZD/USD Forex signal for October 22, 2018 here.
Get the AUD/USD Forex signal for October 22, 2018 here.
Get the USD/JPY Forex signal for October 22, 2018 here.
Get the BTC/USD Forex signal for October 22, 2018 here.
The Euro rallied significantly during the trading session on Friday as the 1.1450 level has offered a significant amount of support again.
Bitcoin markets continue to do nothing during the trading session on Friday, gaining roughly $30 as I record this.
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The US dollar rallied significantly against the Japanese yen during the trading session on Friday, as we continue to see a bounce from the 61.8% Fibonacci retracement level.
The S&P 500 initially tried to rally during the day on Friday, but by the time the afternoon rolled around we gave back much of the gains.
The WTI Crude Oil market has rallied significantly during the trading session on Friday, testing the $70 level as the 61.8% Fibonacci retracement level has offered enough support.
Gold prices ended the week up $9.54 at $1226.35 an ounce, recoding a second consecutive weekly gain.
Get the USD/CAD Forex signal for October 22, 2018 here.
Get the USD/CHF Forex signal for October 22, 2018 here.