The USD/BRL is testing important support levels and is in the midst of a rather tight price range it has managed to hold onto since the third week of December.
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 USD/SGD has traded slightly lower after touching a high of nearly 1.33060 early this morning and technical suspicions lurk after recent price volatility.
The USD/TRY maintained its continuous rise during the current week, as the pair approaches the level of 30 lira to the dollar.
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My previous signal on 3rd January was not triggered.
Ethereum, after a brief dip in Monday's trading session, has shown signs of resurgence, breaking above the 20-day Exponential Moving Average.
The EUR/USD remained relatively stable during Monday's trading session, hovering just above the 1.09 level.
Gold experienced a decline during Monday's trading session, reflecting the ongoing volatility in the broader financial markets.
The NASDAQ 100 initially pulled back slightly during the trading session on Monday, but turned around right at the open in New York, to take off and reach toward the 16,500 level.
Silver witnessed a decline in Monday's trading session, a reflection of the persisting market volatility.
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The AUD/USD faced a bout of uncertainty during Monday's trading session.
Bitcoin experienced a minor dip in its trading session on Monday but has since displayed signs of renewed upward movement, indicating a potential breakout.
Crude oil markets experienced a significant decline during Monday's trading session, marking an unfavorable start to the week.
The S&P 500 had been somewhat hesitant to make a move during the early hours on Monday, as we are hanging around the 4700 level.
The USD/JPY displayed back-and-forth movements during Monday's trading session, leaving little clear direction for potential investments.
The GBP/USD price rose for four straight days as the recent US dollar index (DXY) rally faded.