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 AUD/USD exchange rate was flat on Tuesday even as the US dollar index dropped to its lowest level on April 14.
My previous BTC/USD signal on 19th April was not triggered, as there was no bullish price action when the support levels I had identified that day were first reached.
Silver experienced a small pullback during Monday’s trading session, but buyers quickly stepped in, turning the market around as they saw an opportunity to buy "cheap silver."
The GBP/JPY has been on an uptrend against the Japanese yen, and Monday’s trading session saw the pound rally further.
Gold markets had a tough day on Friday, but it appears that the market is trying to find support just below the $2000 level.
The EUR/USD has been trading in a tight range against the US dollar (USD) in recent sessions, with the psychologically important 1.10 level acting as a key resistance level.
The AUD/USD has been trading in a narrow range in recent sessions, with significant support at the 0.66 level and resistance at the 0.68 level.
The price of the TRY/USD settled near its lowest level ever against the US dollar, which it recorded during trading at the beginning of the week.
The price range of the USD/MXN has proven durable and has been rather tight and impressive.
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The USD/ZAR is near the 18.12100 mark as of this writing with rather quick changes occurring.
In the midst of limited trading last week, the price of the EUR/USD currency pair moved in a range between the support level 1.0909 and the resistance level 1.0993
The USD/JPY saw a slight decline during Friday's trading session but remained supported just below the 200-Day EMA.
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Sign up to get the latest market updates and free signals directly to your inbox.At the end of last week’s trading, the GBP/USD currency pair was subjected to bearish pressure that pushed it towards the support level 1.2366
Last week's trading was in general dominated by the bulls over the performance of the USD/JPY currency pair, with gains that reached the resistance level 135.13.
Throughout the last week's trading, the price of an ounce of gold, XAU/USD, was exposed to profit-taking sales.