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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For four trading sessions in a row, the GBP/USD currency pair was exposed to profit-taking sales, which I often mentioned the possibility of occurring at any time.
The beginning of this week’s trading was in favor of completing the selling operations that the EUR/USD currency pair was exposed to since the middle of last week’s trading.
The price of the Turkish lira declined against the US dollar during early trading this morning.
The NZD/USD hit a low of nearly 0.61925 yesterday as financial houses delivered a sudden flurry of selling within the currency pair.
Since falling to a low of nearly 130.640 last Wednesday the USD/JPY has moved incrementally higher.
The Euro struggled to maintain momentum during Monday's trading session, falling back below the 1.09 level due to significant overhead resistance.
The S&P 500 took a major hit during Monday’s trading session, falling to the 4100 level and demonstrating signs of weakness from the start.
Gold prices fell on Monday, as the metal faced profit-taking after the recent rally to record highs.
Silver has continued to see back-and-forth trading, with the $25 level acting as a magnet for price.
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The Australian dollar has seen some modest gains in recent trading, but it's been a choppy ride for the currency.
The natural gas market has had a volatile year, but it appears that it may have found a temporary bottom at the $2.00 level.
The crude oil market has experienced significant volatility in recent weeks, with both the WTI and Brent markets struggling to gain traction.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD experienced significant volatility during Monday's trading session, as the market struggles to determine its next move.
During Monday's trading session, the British pound initially pulled back slightly against the Japanese yen but ultimately rebounded to show signs of strength.
The US dollar experienced some initial pullback during Monday's trading session, but ultimately bounced back to show signs of strength.