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.
Most Recent
The EUR/USD pair bounced back on the first day of the month as investors reflected on the latest economic data from the Eurozone.
LTC/USD has traded below July 2021 lows and is actually challenging support levels from December 2020 as February 2022 is ready to begin.
DOT/USD is ready to start February trading in the midst of a bearish trend, which is now bouncing along critical support ratios as speculators consider their next wagers.
Last week was disastrous for the price of an ounce of gold, as prices fell from the resistance level of 1854 dollars to the support level of 1780 dollars per ounce.
The price of the GBP/USD currency pair is stable at the time of writing the analysis, as it settles around the 1.3425 level.
Expectations of US interest rate hikes are still providing more strength to the US dollar against the other major currencies.
With the beginning of the new week’s trading, the price of EUR/USD is still suffering from downward pressure.
Spot natural gas prices (CFDS ON NATURAL GAS) rose during the recent trading at the intraday levels.
The Dow Jones Industrial Average jumped, rising in its recent trading at the intraday levels to achieve sharp gains in Wednesday's trading by 1.65%.
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SHIB/USD has suffered from a strong bearish trend during January, and as the month of February gets ready to start, dangerous lows are being tested.
BNB/USD has traded lower this morning following in the steps of the other major cryptocurrencies as nervousness seemingly erupts again.
In late trading on Sunday XRP/USD slipped lower and fell through the 60 cents level, which brings important long-term support levels into view.
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The Turkish lira rose during the early trading of the day to reach its highest level in ten days.
Support at $1.3441 looks likely to be pivotal today.