Since the start of this week's trading, the price of the EUR/USD currency pair is in an upward rebound range, with gains that reached the 1.0849 resistance level, which is stable around it at the time of writing the analysis.
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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 USD/SGD as of this writing is within the middle of its one-week price range.
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The USD/CAD has continued to display the ability to trade lower early this week, but nervous and volatile results are still being produced which makes pursuing the currency pair rather dangerous.
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The silver market has been highly volatile lately, with a lot of noisy trading.
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The GBP/JPY has seen some choppy trading against the Japanese Yen on Tuesday, with initial falls eventually being replaced with small gains.
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The USD/JPY pair had a volatile trading session on Tuesday, as the market initially pulled back but found buyers at the ¥130 level.
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WTI Crude Oil and Brent markets have been struggling lately, facing significant resistance just above current pricing.
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The British pound has rallied against the US dollar on Tuesday but faces major resistance just above, with the 1.25 level being a key psychological level.
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The AUD/USD rallied during the trading session on Tuesday, facing resistance at the 0.67 level, an area where there has been a lot of action in the past.
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The Euro rallied against the USD on Tuesday, breaking above the 1.08 level, but starting to approach an area of serious resistance.
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The S&P 500 had a quiet trading session on Tuesday, hanging around the 4000 level.
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Gold markets have been very noisy lately, but it seems that the market is stabilizing after the selloff on Monday.
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The US dollar has shown quite a bit of back-and-forth trading over the last couple of weeks, with the area near the 0.91 level offering support down to the 0.90 level.
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The GBP/USD exchange rate continued rising after the strong UK inflation data and positive consumer confidence numbers from the US.
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The BTC/USD pair was little changed during the Asian session as traders continued reflecting on the ongoing crackdown in the cryptocurrency industry.
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