The price of the EUR/USD has been trying to rebound upward with gains that reached the 1.0625 resistance level before settling around the 1.0600 level.
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 natural gas market initiated trading with a gap lower, reflecting the persistent erratic behavior seen in recent sessions.
The GBP/USD currency pair moved in a narrow range between the level of 1.2175 and the support level of 1.2069, and stabilized around the level of 1.2150.
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The gold market exhibited strength as it opened on Monday, gapping to the upside and signaling potential bullish momentum.
Recently, the currency pair rebounded upward, breaching the psychological resistance of 150.00 again, settling around the resistance level of 150.31.
In Monday's trading session, the EUR/USD exhibited a back-and-forth pattern, leaving traders with numerous questions centered around the critical 1.06 level.
The AUD/USD demonstrated resilience at the start of the trading session on Monday, indicating a potential resurgence for the week.
Monday's trading session saw a consolidation trend continuing within the crude oil markets, with a slight negative inclination.
In Monday's trading session, the GBP/USD initially exhibited a slight retreat but swiftly reversed course, displaying signs of life again.
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On Monday, the British pound showcased strength during the trading session, maintaining its position above the consolidation area’s lower boundary.
In Monday's trading session, the USD/JPY initially faltered but swiftly reversed course, displaying renewed strength.
Medium-term range between $0.6400 and $0.6275.
The GBP/USD exchange rate drifted upwards in the overnight session as the US dollar index (DXY) took a breather.
The EUR/USD pair bounced back on its final trading day of the month as the market watched the ongoing war between Israel and Hamas.
Bitcoin price moved sideways on Tuesday even as investors moved to relatively risky assets.