The Argentine Peso remains one of the weakest currencies in the world.
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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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India continues to lead new daily Covid-19 infections globally while the economic rebound witnessed in May and June has lost momentum.
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South Africa wants to examine all naturally attributed deaths across the country for Covid-19 to obtain a more precise picture of the pandemic.
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The Australian dollar has initially dipped during the trading session on Tuesday but then turned around to show signs of strength again.
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The British pound has recovered nicely during the trading session on Tuesday, breaking above the inverted hammer from the previous session.
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Silver markets have pulled back just a bit during the trading session on Tuesday as we continue to test the $26 level for support.
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Speculators of the USD/SEK have certainly seen plenty of sideways trading the past month, but choppy conditions have also allowed traders to use resistance levels in order to engage in selling.
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Speculators who have pursued the bearish trend of the USD/INR the past few months may be patting themselves on the shoulder this morning.
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The USD/ZAR’s bearish trend certainly has generated more power since late last week.
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The USD/PKR bullish trend remains strong and traders who are brave enough to speculate on this Forex pair will need to practice persistence
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Singapore gained relative control over the Covid-19 pandemic, but the risk of a secondary wave remains globally.
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According to the assessment of Hugo Lopez-Gatell, the Deputy Health Minister of Mexico, the Covid-19 pandemic is in a sustained decline across the country.
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The Australian dollar has gone back and forth during the course of the trading session on Monday, but ultimately ended up forming a little bit of a negative candlestick.
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The British pound initially tried to rally during the trading session on Monday but gave back the gains in order to show less than impressive momentum.
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The US dollar has pulled back a bit against the Brazilian real but still looks very bullish as we have recently broken out of an ascending triangle
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