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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Bitcoin markets have plunged quite drastically to reach towards the $33,350 level on Monday in the latest round of panic trading.
Gold markets went back and forth on Monday as we continue to see a lot of volatility in general.
The S&P 500 sliced through the 200 day EMA on Monday, kicking off a fresh new wave of selling pressure.
The NASDAQ 100 fell significantly yet again on Monday but saw enough buying pressure late in the day to turn things around and form a massive hammer.
The Ethereum markets fell yet again on Monday, crashing through the $2500 level.
The Brazilian real sold off against the US dollar as the greenback hit 5.5 BRL during the trading session on Monday.
The US dollar rallied against the Mexican peso on Monday as we continue to see more risk aversion in the markets, so the US dollar may get a bit of a bid.
The West Texas Intermediate Crude Oil market initially tried to rally on Monday but found the area above the $85 level to be a bit too much.
The British pound broke down significantly on Monday as we have sliced through the 1.35 handle and completely wiped out the idea of a trend line break.
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The euro sold off rather significantly on Monday but also bounced a bit to form a hammer.
The GBP/USD price sell-off accelerated after the relatively weak UK and US manufacturing and services PMI data.
The EUR/USD pair moved slightly below an important support level on Monday as investors reflected on the latest economic data and rising tensions between Russia and western countries.
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Sign up to get the latest market updates and free signals directly to your inbox.The BTC/USD pair continued the downward trend in the evening session as investors continue to worry about the hawkish Federal Reserve and the rising regulatory issues.
USD/JPY price did not do much by testing the psychological resistance 115.00 at the beginning of last week’s trading, as the Japanese yen returned to reap the gains.
Amid inflation concerns and a drop in cryptocurrency prices, the price of gold rebounded, posting the biggest rise in three months to its best level since November.