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 Australian dollar rallied significantly on Monday, as we have seen the 0.71 level offer quite a bit of support.
The market is perhaps getting ready to make a huge move.
The euro rallied significantly on Monday to kick off the week on the right foot.
The GBP/USD price popped on Monday as the risk-on sentiment spread across the financial market.
The BTC/USD price hovered slightly below the resistance at 50,000 as the strong recovery rally took a breather.
In early trading today, XRP/USD has been able to sustain short-term highs and stay above resistance levels from late last week.
The USD/BRL has maintained its bullish stance and has gathered additional upwards momentum in recent trading.
Gold bulls are waiting for a decline in the US dollar to shoot past the psychological resistance of $1800.
The USD/JPY kept its bullish momentum last week to some extend, hovering around the 110.00 psychological resistance level, crucial for a bullish trend.
Bonuses & Promotions
The strength of the US dollar contributed to a bearish performance for the GBP/USD, which headed towards the 1.3600 psychological support level.
The bears triumphed last week as the EUR/USD fell to the 1.1664 support level, its lowest in nine months, before closing trading around 1.1700.
The USD/ZAR has brushed aside important mid-term resistance and its bullish move higher will likely create more volatility in the short term.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/SGD continues to incrementally prove that its bullish trend has staying power as it has demonstrated cautious steps higher.
Bitcoin rallied yet again on Friday as we continue to see markets find plenty of buyers on dips.
Ethereum has been quite bullish over the last couple of days and has been forming consolidation that a lot of people are paying attention to.