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 USD/JPY currency pair continues to hang around the 50-Day EMA as we are going back and forth around the ¥135 level.
The NASDAQ 100 dipped lower to kick off the trading session on Tuesday, and then dropped down to the 13,000 level.
The S&P 500 Index drifted a little bit on Tuesday as we are awaiting the CPI numbers on Wednesday.
The BTC/USD currency pair fell a bit on Tuesday as the market continues to pay close attention to the $24,000 level just above.
The Ethereum market pulled back a bit on Tuesday to show signs of selling pressure.
Gold markets rallied a bit Tuesday as we wait for the crucial CPI numbers.
The EUR/USD currency pair rallied a bit Monday but then turned around to show signs of weakness again.
The GBP/USD currency pair rallied initially on Tuesday but gave back gains in the same general vicinity where we had seen selling pressure on Monday.
The GBP/USD price moved sideways on Wednesday as investors continued reacting to the upcoming US inflation data.
Bonuses & Promotions
The EUR/USD price continued consolidating while US bond yields retreated ahead of the latest American and German inflation data.
The BTC/USD price declined during the overnight session as focus shifted to the upcoming US inflation data and as equities pulled back.
The EUR/USD pair experienced near and far setbacks during last week's trading, but the risk of a long-term rise in US government bond yields would threaten to push it to July lows
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.At the beginning of this week's trading, gold futures regained the top of the 1,800 US dollars, driven by the weakness of the US dollar and the divergence of Treasury yields.
The GBP/USD exchange rate attracted bid from the market when it dropped near the 1.20 support before the weekend, but it could slide towards or even below that level later this week
The price of the USD/JPY currency pair may remain stable around its recent gains, following the strong US jobs numbers, until the most important event this week is announced.