USD/BRL: Brazilian Real Has Appeared Vulnerable Recently
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 Pakistani Rupee is trading near important short term resistance against the US Dollar and speculators may suspect it is time to search for a reversal.
USD/INR: Indian Rupee Continues To Wage Resistance Battle
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EUR/USD: Bearish consolidation pattern
The silver market shot straight up in the air after the initial struggle early in the trading day.
The US dollar has rallied initially against the Brazilian Real during the trading session on Tuesday, as we continue to test the 5.50 Real level.
WTI Crude Oil: Speculators Breathing Easier In Energy Sector
The West Texas Intermediate Crude Oil market rallied slightly during the trading session on Tuesday as we continue to grind towards the $40 level.
Gold markets initially pulled back a bit during the trading session on Tuesday but then turned around to show signs of strength again.
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EUR/USD: US Dollar’s Weaker Value Likely Will Continue In July
S&P 500: July Could Attract Buyers Who Want To Follow Crowd
Nasdaq: Recent Bullish Gains May Signal A Solid July Move
USD/ZAR: South African Rand Range Stable & Opportunistic
The Australian dollar is a currency that has been rather bullish for some time, however in the last several weeks we have seen the market struggle a bit,
Looking at this currency pair, we have seen a lot of negativity, and that makes quite a bit of sense considering there are concerns about the United Kingdom and its economy.