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 Aussie dollar rallied a bit during the course of the trading session here on Monday, as it looks like we continue to see the carry trade come into vogue.
Following yesterday’s U.S and U.K holidays which created a lack of volume in the broad Forex markets the USD/SGD is trading near the 1.34830 ratio early this morning.
The US dollar has bounce slightly against the Israeli Shekel during the trading session on Monday, after falling for quite some time.
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The New Zealand dollar has rallied rather significantly during the course of the trading session on Monday.
The Euro has rallied significantly during the early hours on Monday against the Swiss franc, as we continue to see a lot of upward pressure.
The German index has rallied quite nicely during the Monday session, as we are now threatening the €18,800 level.
The Australian dollar has rallied again during the trading session on Monday, as it stubbornly refuses to pull back.
The GBP/USD exchange rate continued its bull run this week.
The EUR/USD pair was stuck in a range as traders focused on this week’s US PCE inflation report and the upcoming ECB interest rate decision.
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Bitcoin price jumped above the psychological level of $70,000 in the overnight session as sentiment in the industry improved.
Past few days have produced stairstep support and some bullish momentum.
The US dollar has fallen during the trading session on Monday to break back below the 50 day EMA against the Canadian dollar.
The US dollar has initially fallen against the Russian ruble, but it did turn around and find a little bit of support at 88.50, a level that's been important multiple times.
The US dollar has been rather quiet during the course of the trading session on Monday, and that makes a certain amount of sense considering that it was Memorial Day in the United States.
The Aussie dollar has rallied just a bit during the trading session on Monday, as we have seen a significant shot higher in what is probably going to be looked at as thin liquidity