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
Gold markets experienced a significant drop during the trading session on Monday, before turning around as it reached the 200-Day EMA.
During the trading session on Monday, the West Texas Intermediate Crude Oil market experienced a slight pullback, leaving traders on the lookout for any signs of momentum.
The GBP/USD price made a bullish engulfing pattern after the latest progress on Brexit.
The EUR/USD pair pulled back on Monday after the positive outcome of Brexit negotiations between the UK and the EU.
The BTC/USD pair remained under pressure on Tuesday morning as concerns about the Federal Reserve actions remained.
My previous signal on 23rd February was not triggered as the bullish price action took place below the support level which I had identified at $0.6790.
The S&P 500 Index has seen a slight rally, but remains just below major moving averages such as the 50-Day EMA and the 200-Day EMA.
During Monday's trading session, the British pound rallied, suggesting that the market is going to try to break above the 1.20 level again.
The EUR/USD currency pair fell to touch the 200-Day EMA, but it bounced back to show signs of life and now threatens the 1.06 level.
Bonuses & Promotions
During trading on Monday, we have seen buyers in Frankfurt yet again.
The Australian dollar fell to touch the crucial 0.67 level, indicating that the currency is likely to experience further negativity.
USD/ZAR: From Bad to Much Worse Nervous Behavioral Sentiment
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USD/INR: Bullish Trend Past Month Challenging Apex Highs Now
The USD/JPY moved higher going into the weekend, and in early trading this morning the currency pair sustained its upwards momentum.