Weak US Economic Results stopped the USD / JPY recovery pushing it to 108.52 at the beginning of this week as investors were optimistic of the Trump and Xi agreement on the resumption of trade negotiations.
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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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Bitcoin: Strong bearish retracement threatens $10k
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The Euro got absolutely hammered during trading on Monday as we came back to work.
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The British pound initially nudged slightly higher during the day on Monday but then turned around to break down significantly.
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The NASDAQ 100 gapped higher right along with the other indices in the United States on Monday, but unlike the S&P 500, the other index that I follow here at Daily Forex,
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The US dollar trading against the Mexican peso isn’t something that comes to mind immediately when trading Forex, but it is a very dynamic pair when it comes to the fundamentals.
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Natural gas markets broke down significantly during the trading session on Monday again, after initially trying to rally.
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The Australian dollar gapped higher to kick off the trading session on Monday but has since collapsed significantly to form an extraordinarily bearish candle.
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