My previous BTC/USD signal on 24th May produced a very profitable long trade from the bullish rejection of the support level which I had identified at $26,003.
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 S&P 500 had a rally in the futures markets during Monday's early hours, despite relatively thin trading.
Silver prices exhibited a slight rally at the beginning of Monday's trading session.
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Natural gas prices experienced a slight decline during Monday's trading session, which was characterized by thin electronic trading.
Gold markets displayed a back-and-forth movement during Monday's trading session, which is not surprising considering it was Memorial Day in the United States, leading to reduced participation from traders.
The West Texas Intermediate (WTI) Crude Oil market exhibited a slightly negative tone during Monday's trading session, but it's important to note that it was Memorial Day, resulting in limited activity dominated by electronic trading.
The GBP/JPY initially attempted to rally during Monday's trading session but encountered hesitation and gave back its gains.
The GBP/USD initially attempted to rally during Monday's trading session but quickly surrendered its gains due to a lack of volume.
The USD/JPY initially attempted to rally during Monday's trading session but encountered hesitation and gave back its gains.
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The EUR/USD made an initial attempt to rally during Monday's trading session, but the gains were quickly relinquished due to thin Memorial Day holiday trading.
The AUD/USD strengthened during Monday's trading session, benefiting from the Memorial Day holiday observed in the United States.
The EUR/USD exchange rate experienced volatile trading ahead of last weekend after the US Federal Reserve's (Fed) preferred inflation measure confirmed the continuation of stubbornly rising price
By the end of last week's trading, the XAU/USD gold price retreated from its session high at around $1957 an ounce, to trade at around $1937
Speculators lifted their bearish stance on the Japanese yen to the highest level in nearly a year as the currency extended its slide against the dollar as markets boosted
The TRY/USD stabilized during early trading today, Monday, after the Turkish lira recorded its lowest level ever against the US currency last Friday, a day after the Turkish Central Bank fixed the interest rate unchanged at 8.5%.