The US dollar has bounced again against the Indian rupee in the same general vicinity but faces a lot of headwinds just above.
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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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It was surprising that the GBP was doing well despite the recent fall in global stock markets and a clear lack of headlines about Brexit.
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The past five days of trading for the EUR/GBP have produced a bearish trend as the Pound has proven strong.
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The British pound rallied a bit during the trading session on Friday, reaching towards the 1.3150 level before pulling back again.
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The Australian dollar initially tried to rally again on Friday but gave out the gains as we got a bit overdone.
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The USD/MXN has displayed why it can be a volatile forex pair to speculate on as a sudden bullish trend for the US Dollar has emerged.
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The USD/INR has seen tests of resistance levels emerge the past few trading sessions, but the Indian Rupee is not alone regarding this slight bullish trend
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The holding pattern the USD/ZAR was exhibiting the past week and half as it battled important support levels has proven to be a launching ground for a strong reversal upwards.
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Silver markets have rallied a bit during the trading session on Friday as we continue to see a lot of churn when it comes to the markets.
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The US dollar has rallied a bit against the Brazilian real, and it is likely that we will continue to see a lot of noise back and forth
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Switzerland continues to report relative stability in new Covid-19 cases, and with a second wave of infections a distinct possibility, business leaders warn
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Anders Tegnell, the State Epidemiologist of the Public Health Agency of Sweden and architect of the no-lockdown response to the Covid-19 pandemic
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The Australian dollar initially fell during the trading session on Thursday but found support again as we have turned around and exploded to the upside.
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The British pound has shot straight up during the day after initially pulling back, as we have seen the US dollar get absolutely hammered.
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