The S&P 500 experienced a significant drop during Monday's trading session but turned around at the 3900 level in the futures market.
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 Silver price gapped higher to start the trading week on Monday, only to pull back almost immediately to fill the same gap.
The global oil markets have been experiencing significant fluctuations in recent days, with both WTI and Brent crude oil falling during Monday's trading session.
Top Regulated Brokers
The TRY/USD has stabilized near its lowest level ever, amid reports showing the inability of the Central Bank of Turkey to control the huge demand for the US dollar.
The British pound kicked off Monday's trading session with a gap higher, but quickly fell to fill the gap before rallying again.
On Monday, the Australian dollar attempted to rally but faced significant resistance.
The NZD/USD is currently within the middle ground of its one-week trading range, highlighting the heightened sense of unknown which exists in the broad Forex markets currently.
The USD/SGD is near the 1.33900 ratio as of this writing.
The USD/CHF has gone back and forth during the trading session on Monday, as we continue to dance around the 50-Day EMA.
Bonuses & Promotions
The US dollar initially attempted to rally against the Japanese yen during Monday's trading session but has since plunged due to the ongoing volatility in interest rate markets worldwide.
On Monday, the GBP/JPY initially rallied but then pulled back toward the ¥159.10 level.
The gold market experienced a significant rally during Monday's trading session, testing the crucial $2000 level.
The EUR/USD started off strong on Monday, with an initial gap up, but then fell drastically to pierce the 50-Day EMA.
The GBP/USD price continued soaring as the financial market took a reprieve following the failure of Credit Suisse, the second-biggest bank in Switzerland.
The US dollar index pulled back to $103 as an uneasy calm resumed in the market on Monday.