The euro's attempt to stage a rally during Monday's trading session ultimately gave way to concerns surrounding global risk appetite.
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 is near the 1.36550 ratio as of this writing, this after challenging a low of nearly 1.36300 early this morning. Read the full analysis here.
In Monday's trading session, the British pound exhibited a slight pullback, reflecting the market's quest to gauge the trajectory of risk appetite.
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In Monday's trading session, the British pound displayed limited movement, holding just below the critical 50-Day Exponential Moving Average.
The AUD/USD experienced a turbulent beginning to the trading week, as it initially gapped lower on Monday.
The GBP/USD has crawled back in the past few days as the recent US dollar strength took a breather.
The EUR/USD exchange rate remained in a consolidation phase as traders focused on the ongoing war in Israel and its impacts on the market.
My previous BTC/USD signal on 28th September was not triggered as there was no bearish price action when the resistance levels which I had identified were first reached.
The AUD/USD pair rebounded as the US dollar index (DXY) sell-off eased during the American session.
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In the event of a breakdown below the recent trading session lows, silver could experience intensified selling pressure, potentially leading to a decline to the $20 level.
Despite the stronger US jobs numbers, the price of the euro currency pair against the US dollar EUR/USD succeeded in closing a bullish weekly
Since the middle of last week's trading, the price of the GBP/USD currency pair has been trying to rebound higher with gains that reached the resistance level of 1.2261.
Gold markets experienced a dose of turbulence during Friday's trading session, initially slipping before displaying signs of resilience amidst ongoing market volatility.
Crude oil markets demonstrated a degree of stability during Friday's trading session, hinting at a possible respite from the recent selling pressure.
The GBP/JPY has emerged as a standout performer against the Japanese yen, with the yen facing consistent selling pressure.