Mexico's Finance Minister Herrera announced the economy most likely plunged 17% in April and expects a marginally smaller drop for May.
Technical Analysis
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
Technical Analysis
While optimism across financial markets remains unrealistically elevated about the gradual reopening of economies, the reality is distinctly different.
Technical Analysis
South Africa asked assistance from the International Monetary Fund’s coronavirus relief facility.
Technical Analysis
Top Regulated Brokers
Suddenly, USD/JPY gains evaporated to reach the 108.23 support and gains at the end of last week’s trading reached the 109.84 resistance, the highest level in two and a half months, and is now settling in the beginning of today’s trading around the 108.47 level.
Technical Analysis
With the beginning of this week’s trading, gold prices rose again to the level of $1700 psychological resistance after recording its lowest level in more than a month, at to the $1670 support, after the better than expected numbers of US jobs, which contributed to more investor risk appetite.
Technical Analysis
The S&P 500 has rallied quite drastically during the trading session on Monday, as we have cleared the 3200 level.
Technical Analysis
Advertisement
For the third consecutive day, the GBP/USD pair stabilized around and above the 1.2700 resistance.
Technical Analysis
The Polish Zloty is an interesting speculative currency for traders because it serves as a barometer for geo-political sentiment between Europe and Russia,
Technical Analysis
The West Texas Intermediate Crude Oil market has initially tried to rally during the trading session on Thursday but gave back the gains to form a negative candlestick.
Technical Analysis
Bonuses & Promotions
In the beginning of this week’s trading, the EUR/USD pair tried to compensate for its losses.
Technical Analysis
The Japanese yen has strengthened quite a bit against the US dollar during trading on Monday, as traders brought the pair back towards the 200 day EMA.
Technical Analysis
AUD/USD: Bearish reversal from multi-month high price
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address
The NASDAQ 100 initially pulled back a bit during the trading session on Monday but then found buyers again as it looks like we are set on reaching towards the 10,000 level.
Technical Analysis
The US dollar has gone back and forth during the trading session on Monday, as we are sitting just above a potentially important support level.
Technical Analysis
Before the global Covid-19 pandemic wreaked havoc in economies, Germany led a manufacturing recession in Europe, mirrored across the globe.
Technical Analysis