The AUD/USD wavered during the Asian session even after the relative strong economic data from China and Australia.
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 GBP/USD is holding steady after the relatively strong UK employment numbers that were released yesterday.
The NASDAQ broke through the 13500.0 level and established all-time highs yesterday near the 13570.0 mark.
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The USD/MXN has tested the 20.20000 yesterday and early today in Forex.
The past few days of trading have seen strong upward momentum develop in the USD/ZAR, but this follows a test of important support levels.
The USD/SGD has continued to deliver short-term volatility and speculators need to carefully gauge their timeframes and goals when taking positions.
Despite the recovery of the US dollar, gold has tried to maintain its gains around the level of $1865 since the start of this week, pending any new COVID-19 or stimulus developments.
The USD/JPY pair tried but failed to breach the 104.00 resistance at the beginning of this week's traing, instead settling around 103.70 and losing enough momentum to reverse the general trend.
Sell-offs pushed the GBP/USD to stabilize around the 1.3634 level as of this writing, after upward momentum at the beginning of this week's trading pushed the pair to the resistance level at 1.3723.
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Since the start of trading this week, the EUR/USD has been in a new descending correction range that settled around the 1.2128 level as of this writing.
The NASDAQ 100 initially plummeted during the early hours of New York trading, but then turned around to show massive amounts of bullish pressure.
The German Business Climate Index numbers came out during the trading session on Monday, a bit lighter than anticipated.
The euro initially fell during the trading session but continues to find plenty of support underneath, especially near the 50-day EMA.
The British pound initially tried to rally during the trading session on Monday but gave back the gains close to the 1.37 level yet again.
The S&P 500 fell rather hard during the trading session on Monday to test the 3800 level.