RBA hikes by 0.50%, not the expected 0.25%.
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 DAX initially rally on Monday to slam into the €14,750 region.
Solana bounced a bit on Monday as value hunters came in to pick up the coin.
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Ripple tried to rally again on Monday but simply cannot get off of its back.
The Parisian CAC Index rallied on Monday to reach the €6600 level.
ETH/USD has experienced a strong selloff, and the broad cryptocurrency market is challenging important support levels across the spectrum.
The S&P 500 initially rallied in the futures market on Monday but gave bank gains as we approached the 50-day EMA.
Bitcoin markets have rallied a bit on Monday as the $30,000 level has offered a reasonable amount of support.
Gold markets continued to grind back and forth on Monday as yields in America continue to jump above 3% periodically in the 10-year note.
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The West Texas Intermediate Crude Oil market pulled back just a bit on Monday to start off the week on the back foot.
The euro initially tried to rally on Monday but has pulled back from the highs as the 50-day EMA came into the picture.
The US dollar rallied significantly on Monday to break to a fresh, new high against the Japanese yen.
The BTC/USD declined sharply in he overnight session as its recovery hit a strong resistance at 31,426.
The GBP/USD pair moved sideways as political temperatures rose.
The pair will likely keep falling as bears target the key support level at 1.0640.