The British pound has experienced a notable decline during recent trading sessions, raising concerns among traders.
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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Crude oil markets witnessed another robust rally during Friday's trading session, driven by persistent concerns over supply constraints.
The US dollar staged a modest rally against the Yen as the Bank of Japan remained relatively passive overnight.
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The S&P 500 witnessed a modest rally during Friday's early trading hours as the market grapples with a series of challenges.
Gold markets find themselves ensnared in a web of uncertainty as traders grapple with a multitude of factors affecting the precious metal's performance.
The Euro endured a significant decline in value during the recent trading session, reflecting the prevailing turbulence and uncertainties in the market.
The AUD/USD exchange rate exhibited some upward momentum as it approached the upper boundary of a descending wedge pattern.
In the recent trading session, the GBP/JPY currency pair faced a notable struggle as it initially attempted to rally but quickly retraced its gains.
The natural gas market has recently demonstrated a subtle retreat, characterized by a consistent pattern centered around the 50-Day EMA.
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The AUD/USD exchange rate was relatively unchanged on Monday as concerns about the rising bond yields and US government shutdown continued.
The GBP/USD freefall gained steam and reached the lowest level since March 28th.
The EUR/USD exchange rate moved sideways on Monday morning and remained at the lowest level since March.
Bitcoin price pulled back last week as a sense of fear spread in the financial market.
The GBP/USD has continued to deliver fast trading, and the currency pair’s momentum lower late last week was sparked by the Bank of England’s rate decision.
The days ahead for WTI Crude Oil promise to be rather dynamic as the commodity remains within sight of highs and U.S Gross Domestic Product data is delivered later this week.