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 EUR/USD exchange rate trimmed May's losses in last week's trading, but the rise has already stopped near a stubborn level of technical resistance on the charts.
The GBP/USD exchange rate rose to its highest level in more than a year, with gains that reached the 1.2848 resistance level.
For three consecutive trading sessions, the price of the USD/JPY currency pair stabilized around its recent strong gains.
With the start of this week's trading, the XAU/USD gold price tried to maintain attempts to rebound to the upside, which pushed it towards the resistance level of $1967 an ounce.
Speculative bears in the USD/SGD have had to deal with a reversal higher this morning and the currency pair is now trading around the 1.34215 mark.
The NZD/USD is trading near the 0.61670 mark as of this writing and this value should be double-checked as you read this article to see where the currency pair is traversing in real-time.
The USD/INR initially tried to rally a bit during the session on Monday but gave back gains as we are sitting just above a major trendline against the Indian rupee.
Silver showcased significant volatility during Friday's trading session, which continued into Monday's relatively thin trading conditions.
During Monday's trading session, natural gas markets demonstrated limited activity due to the observance of Juneteenth in the United States.
Bonuses & Promotions
Gold experienced a slight decline during Monday's trading session, although it is important to note that it coincided with Juneteenth, a major holiday in the United States.
The GBP/USD displayed a cautious stance during Monday's trading session, indicating a need for consolidation after a recent period of overextension.
During Monday's trading session, the US dollar made a modest attempt at rallying against the Japanese yen.
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Sign up to get the latest market updates and free signals directly to your inbox.During Monday's trading session, the EUR/USD experienced a slight pullback as market participants sought to determine whether the upward momentum can be sustained.
The West Texas Intermediate Crude Oil and Brent Crude Oil markets are currently experiencing a period of consolidation and uncertainty.
During Monday's trading session, the GBP/JPY displayed a back-and-forth movement, indicating uncertainty as market participants assess the potential return of gravity to the picture.