As recently expected, the bulls might target the 1.2000 psychological resistance for the EUR/USD pair
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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Despite the uprising of the dollar after its collapse to its lowest in two years, bears maintained the strongest control over the USD/JPY performance
The US dollar strength contributed to the price of an ounce of gold giving up its highest level in two weeks, when it had tested the resistance $1992 level
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Ahead of anticipated comments from the Governor of the Bank of England later on Wednesday, the GBP/USD pair gave up its highest levels
AUD/USD: Price more likely to reach 0.7292 soon
USD/JPY: Yet bulls face obstacles below 106.41
BTC/USD: Support at $11,557 looks pivotal today
GBP/USD: Pound is still relatively strong
EUR/USD: New resistance levels below 1.2000
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The USD/BRL has produced a bearish trend the past week of trading and yesterday’s rather consolidated trading without any sudden reversals higher
Volatile price action late last week and early this week in the USD/INR has caused hectic trading days for speculators.
The USD/ZAR has largely seen a bearish trend develop the past three weeks of trading.
The USD/PKR has proved once again that trading the forex pair can be a dangerous affair when you are on the wrong side.
Despite Mexico approaching 600,000 Covid-19 infections and having the fourth-highest death toll, President López Obrador claims his country weathered the pandemic better than most countries.
Amid the global Covid-19 pandemic, where many countries prepare for a second infection wave, the Singapore business community is alarmed by the growing protectionist moves by the government.