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 British pound has rallied a bit against the US dollar during the trading session on Monday as we continue to see the uptrend play out
Bitcoin has rallied a bit during the trading session on Monday in what was Memorial Day in the United States. So, there might have been a little bit of liquidity missing, but really at the end of the day, I think what we're doing is trying to grind to the upside and take out this candlestick from last week on Friday that was so negative.
Ether (ETH) rallied to a three-month high of $2,700 on May 23 after the successful implementation of the Pectra upgrade on May 7. The second-largest cryptocurre
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The Turkish Lira (TRY) against the US Dollar (USD/TRY) has experienced a sharp decline in recent trading, closing at 0.0256 after starting the week at 0.0371. T
During last week's trading, the price of an ounce of gold on the COMEX exchange rose by $181.60, or 5.71%, to $3363.60.
Given the US holiday today, the EUR/USD currency pair may stabilize around its recent upward rebound gains.
My previous GBP/USD signal on 21st May produced a profitable long trade from the bullish bounce rejecting the support level which I had identified at $1.2400.
The EUR/USD exchange rate rose even after Donald Trump threatened additional tariffs on all European goods entering the US. It jumped to a high of 1.1365
The AUD/USD exchange rate is on the cusp of soaring to its highest level since December 2 as the US dollar index crash gained steam. It soared to a high
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Bitcoin price pulled back after soaring to a record high of $111,971 last week. The BTC/USD pair retreated to below 107,000 as traders started to take profits
The British pound did drop a bit during the trading session on Friday against the Japanese yen to test the 50 day EMA as well as the 200 day EMA indicator.
The Canadian dollar initially pulled back a bit during the trading session on Friday, but it seems like we continue to see a lot of support here right around the 0.5950 level. By bouncing the way we have, we are forming about a 40 pip hammer or so as the market continues to grind sideways in general.
You can see Bitcoin has fallen pretty significantly during the trading session on Friday as there has been a bit of a shock to the system with the president of the United States, Donald Trump, suggesting that there will be a 50 % tariff on the European Union starting June 1st if the situation doesn't change between the two countries. Evidently, he's not happy about how the negotiations are going and this happens
The US dollar initially did try to rally a bit during the trading session on Friday, but you can see we have sold off again against the Mexican peso
The Aussie dollar has rallied a bit during the Friday trading session, but we're still in the same range that we have been in for what seems like a lifetime