Monday ushered in a noticeable dip in the silver market, casting a veil of uncertainty over traders as they grapple with the market's elusive direction.
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 trading remained relatively tranquil in Monday's session, signaling an imminent shift in market dynamics.
The GBP/USD has rallied significantly during the trading session on Monday, as it looks like the 200-day EMA is going to offer enough support to turn things around.
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The AUD/USD has shot straight up in the air during the trading session on Monday, breaking the bank of a lot of sellers over the last couple of days.
The GBP/USD pair wavered on Tuesday ahead of important economic data from the United States and the United Kingdom.
The BTC/USD pair made a strong bearish breakout as demand for cryptocurrencies retreated.
The AUD/USD exchange rate drifted upwards on Monday as the recent US dollar sell-off took a breather.
During last week's trades, the bear's control over the direction of the price of the EUR/USD currency pair increased as it fell to the lowest support level of 1.0686 in three months
Gold futures failed to avoid a weekly loss, as the rising US dollar and rising Treasury bond yields affected the yellow metal.
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The price of the USD/JPY currency pair rose now to trade at a few levels above the 100-hour moving average.
The losses of the GBP/USD currency pair extended towards the support level of 1.2445, its lowest in three months.
The USD/JPY initially experienced a sharp decline during Friday's trading session, descending to the ¥145 level, before staging an impressive comeback.
The gold market recently experienced a modest boost on Friday, yet the future remains shrouded in uncertainty.
In the world of currency trading, the British pound displayed a brief pullback during Friday's trading session, only to rebound with vigor.
The GBP/USD witnessed a slight bounce during Friday's trading session, as it grapples with the 200-day Exponential Moving Average and endeavors to chart its course forward.