At the beginning of this week, the EUR/USD pair will have modest trading in a limited range due to an economic calendar empty of important data and a holiday for US banks.
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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NZDUSD analysis: Bulls break long-term trend line
Top Regulated Brokers
USDCAD: Weaker within a month-long price range
EURUSD: Bulls threaten pivotal point at 1.1225
The Euro rallied a bit during the trading session on Friday, breaking above the 1.12 handle.
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The bitcoin market rallied a bit during the trading session on Friday, reaching towards the same resistance areas that we had seen previously.
The S&P 500 rallied a bit during the trading session on Friday but gave back all of the gains.
The WTI Crude Oil market went back and forth during low volume trading on Friday.
The US dollar initially tried to rally during the trading session on Friday, but then fell towards the ¥109.30 level before it was all said and done.
Gold markets went back and forth during the trading session on Friday, as volume would have been an issue going into the major holiday weekend.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of May 26, 2019.