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 past few days of trading have seen the USD/CAD trade mostly within a price range of 1.34700 to 1.35250 with brief outliers.
After falling to a low of nearly 0.62050 on Tuesday of last week, the NZD/USD is currently traversing around the 0.62700 as of this writing.
The USD/JPY encountered an initial drop during Monday's trading session, reflecting the ongoing volatile behavior in the market.
The natural gas market witnessed a slight decline during Monday's trading session, as hesitancy prevails among market participants.
The West Texas Intermediate (WTI) Crude Oil market kicked off the week downward but quickly reversed, indicating signs of life.
The Australian dollar went nowhere on Tuesday morning as concerns about the American economy continued
The gold market witnessed a back-and-forth trading session on Monday, as the 50-Day Exponential Moving Average (EMA) acted as a significant resistance level.
The GBP/USD experienced back-and-forth price action during Monday's trading session, indicating a market with strong interest around the 50-Day Exponential Moving Average (EMA).
The S&P 500 experienced a slight retreat during Monday's trading session, displaying signs of exhaustion following a positive upward trend.
Bonuses & Promotions
During Monday's trading session, the British pound experienced a slight pullback, only to reverse its course and rally significantly as the market strives for a breakout above the resistance barrier.
The NASDAQ 100 rallied again during the trading session on Monday, as we continue to see the 13,750-level influence pricing.
Silver initially experienced a decline against the US dollar but quickly reversed its course, demonstrating signs of life as value hunters reenter the market, seeking opportunities in what they perceive as "cheap silver."
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD displayed a modest rally during Monday's trading session, reflecting the prevailing noisy behavior in the market.
Bitcoin and other cryptocurrencies have moved sideways in the past few days in a low-volume environment.
The GBP/USD exchange rate was unchanged as traders waited for key statements and economic data from the UK and the US.