The NZD/USD is near the 0.65040 ratios as of this writing as the currency pair seemingly shows the ability to sustain higher values.
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 West Texas Intermediate Crude Oil market has rallied slightly during the trading session on Monday, as we continue to try to break above the highs of the previous week.
Gold markets have gone back and forth during the choppy Monday session as we continue to see a lot of hesitation at this point.
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The USD/CAD has gone back and forth during the trading session on Monday, as we continue to hang around the 1.3350 level.
The USD/JPY rallied during the trading session on Monday, as we continue to see the market showing signs of support underneath the ¥130 level.
The GBP/USD has gone back and forth during the session on Monday, as we continue to see a lot of noisy behavior.
The EUR/GBP rallied a bit during the trading session on Monday, to break into the previous bearish candle that had traders shorting.
The AUD/USD has broken above the 0.70 level, showing signs of strength yet again.
The Japanese yen drifted downwards against the US dollar on Tuesday morning as the market embraced a risk-on sentiment.
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The EUR/USD price pulled back ahead of the upcoming European and American flash manufacturing and services PMI numbers.
The forex market has recently been characterized by an extremely weak US dollar, which has dropped against most developed country currencies, including the Aussie.
My previous GBP/USD signal on 17th January was not triggered, as none of the key levels were reached that day.
Last week's trading in its entirety was characterized by bulls dominating the performance of the EUR/USD currency pair.
Spot natural gas prices (CFDS ON NATURAL GAS) rose slightly during their early trading on Monday.
The Dow Jones Industrial Average rose in its recent trading on the intraday levels, to interrupt a series of losses that lasted for three days in a row.