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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At the beginning of this week's trading, the EUR/USD currency pair is expected to stabilize around its recent losses, which extended to the support level of 1.0332 last week.
Recently, gold prices recorded one of their strongest weekly gains in years. By the end of trading on last Friday's session, the gold price index jumped to the resistance level of $2715 per ounce from $2668 per ounce in the same trading session.
The US dollar's rise against the Mexican peso signals economic trends, migration dynamics, and potential policy shifts, with a key focus on the 21 MXN level.
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The US dollar rallied significantly during the early hours of Friday, breaking to the upside and reaching a new high.
During my daily analysis of the Dow Jones 30, the first thing I noticed is that although we did pull back.
During my daily analysis of minor currency pairs, the AUD/CHF pair has caught my attention as the Australian dollar has now reached the 200 Day EMA.
The British Pound has fallen significantly to reach the 1.25 level, a large round psychologically significant figure that a lot of people will be paying attention to.
In my daily analysis of the CAD/JPY pair, I’ve noticed that although we initially did pull back just a bit, the buyers came in to pick up this market and show signs of life again.
The NASDAQ 100 has gone back and forth in the early part of the Friday session as we continue to see a little bit of trouble near the 20,800 level.
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In my daily analysis of the EUR/USD pair, the first thing that I notice is that the euro has completely collapsed.
During my daily analysis of the NZD/USD pair, it’s obvious that the market is very negative, as we have broken down through a significant support level in the form of the 0.5850 level.
Gold has rallied to reach the $2,700 level late on Friday as it looks like we are trying to break out to the upside.
The EUR/USD exchange rate continued falling after a series of weak economic numbers from Europe.
Bitcoin price remained under pressure on Monday morning after flirting with the crucial resistance level at $100,000 last week.
The AUD/USD exchange rate moved sideways ahead of key economic data from the United States and Federal Reserve minutes.