Bitcoin saw a substantial drop in value during Monday's trading session, sliding down to the critical $40,000 mark.
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 GBP/CHF initially tried to rally significantly during the Monday session but has given bank gains rather rapidly to form a bit of a shooting star that is also pressured by the crucial 50-day EMA indicator.
The US dollar displayed a modest rally during Monday's trading session, part of a broader trend of dollar recovery.
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Silver experienced a significant downturn once again during Monday's trading session, as buyers remained elusive in this market.
The S&P 500 exhibited a modest retreat during Monday's trading session, a move that could be signaling an imminent major breakout on the horizon.
The AUD/USD price remained in a consolidation phase on Tuesday morning ahead of key events in the financial market.
The BTC/USD pair retreated sharply as Bitcoin price lost its momentum and as traders started to take profits.
The GBP/USD exchange rate was flat on Tuesday morning ahead of important events from the US and the UK.
As expected, $1.0750 area held as support.
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The Turkish lira declined against the dollar during early trading on Monday morning, as the pair approached its lowest levels recorded during the past week.
Silver witnessed a substantial decline during Friday's trading session, signaling what appears to be a gloomy outlook for the metal.
Euro Weakens Amid ECB Rate Cut Expectations; EUR/USD Eyes Key ECB & Fed Announcements, Technical Outlook
The natural gas markets saw a modest rally during Friday's trading session, with traders mounting a defense of the critical 61.8% Fibonacci level following a harsh downturn.
GBP/USD Slumps as US Job Growth Exceeds Expectations, Fed Rate Cut Hopes Diminish; Technical Analysis & Future Outlook
The current state of the gold markets is drawing attention to a crucial support area, and there is growing anticipation that value-seeking investors will soon converge around the $2000 mark as a potential entry point.