The USD/SGD is trading near important short term resistance early this morning.
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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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Brazil crossed the 4,000,000 Covid-19 infection level with a death toll above 123,000, second in both categories only to the US.
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South Africa battles numerous crises at once, even before the Covid-19 pandemic added distinct negative pressures on Africa’s most industrialized nation and second-largest economy measured by GDP, trailing only Nigeria.
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The Australian dollar has pulled back significantly during the trading session on Wednesday, but by the time we closed business in New York, we had recovered quite a bit.
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The British pound fell hard during the trading session on Wednesday but turned around to show signs of survival and resiliency as we bounced above the 1.33 level yet again.
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The silver market has broken down significantly during the trading session, slicing through the $28 level.
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Ahead of anticipated comments from the Governor of the Bank of England later on Wednesday, the GBP/USD pair gave up its highest levels
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The USD/BRL has produced a bearish trend the past week of trading and yesterday’s rather consolidated trading without any sudden reversals higher
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Volatile price action late last week and early this week in the USD/INR has caused hectic trading days for speculators.
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The USD/ZAR has largely seen a bearish trend develop the past three weeks of trading.
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The USD/PKR has proved once again that trading the forex pair can be a dangerous affair when you are on the wrong side.
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Despite Mexico approaching 600,000 Covid-19 infections and having the fourth-highest death toll, President López Obrador claims his country weathered the pandemic better than most countries.
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Amid the global Covid-19 pandemic, where many countries prepare for a second infection wave, the Singapore business community is alarmed by the growing protectionist moves by the government.
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The Australian dollar initially shot higher during the trading session on Tuesday but has pulled back to form a rather ugly shooting star.
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British pound traders initially bought during the trading session on Tuesday but gave back the gains as we try to reach towards the crucial 1.35 handle.
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