The GBP/USD exchange rate was muted on the first day of the month as traders waited for the upcoming Bank of England (BoE) interest rate decision.
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 price continued to consolidate this week as investors wait for the next catalyst and as volume in the industry dries up.
During Monday's trading session, the euro exhibited a modest rally, making efforts to recover from the 50-Day Exponential Moving Average.
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During Monday's trading session, the British pound showed little significant movement, with market participants closely monitoring the 50-Day Exponential Moving Average
The EUR/USD exchange rate wavered on Monday and Tuesday morning as the market reflected on the encouraging European economic numbers.
The NASDAQ 100 continues to look healthy, and the fact that we have both Amazon and Apple earnings coming this week, we could have a big move in this market.
During Monday's trading session, the silver market displayed signs of stabilization, finding support above the significant 50-Day Exponential Moving Average
In Monday's trading session, crude oil markets exhibited efforts to break out, indicating signs of pressure as they approached critical levels.
EUR/USD: Volatile Price Action and Dangers of Blind Wagers
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USD/INR: Complex Suspicious Price Movement Raise Questions
USD/ZAR: Another Move Lower after Momentum Gained Velocity
We are in the midst of earnings season, and this has a major influence on what happens with stocks.
The NASDAQ 100 has been very bullish the entire year, but at this point, the index is up about 40%.
Over the last several weeks, the West Texas Intermediate Crude Oil market has rallied rather significantly during the month of July
It’s always a bit difficult to get a gauge on emerging market currencies, but it should be noted that the Mexican peso is primed to continue seeing gains