During last week's trading, the bulls succeeded in capturing an important resistance level, as the GBP/USD currency pair moved above the 1.2550 resistance.
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 course of the US dollar pairs is on an important date this week, with a package of economic data and influential events, led by the announcement of US interest rates.
The halting of the US dollar's gains allowed the XAU/USD gold price to recover to the $1973 resistance level
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The Turkish lira continued its losses against the US dollar at the beginning of the new week, as the Turkish currency continued its rapid losses against the dollar for a period of about a month.
The USD/MXN is traversing values it has not traded since May of 2016, this as the currency pair has extended bearish momentum and continues to prove support vulnerable.
As of this writing the USD/ZAR is near the 18.73500 level with fast price changes being exhibited.
During Friday's trading session, the British pound demonstrated a rally, breaking above the 1.2550 level, which had previously acted as resistance.
Silver had a modest rally during Friday's trading session, but signs of waning momentum are becoming apparent.
Natural gas markets experienced a slight decline during Friday's trading session as the summer range continued influencing prices.
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The EUR/USD experienced a slight retreat during Friday's trading session, displaying signs of hesitation near the 1.08 level.
The West Texas Intermediate (WTI) Crude Oil market experienced a back-and-forth trading session on Friday, as the overall tone for the summer remains uncertain.
The USD/JPY exhibited a modest rally during Friday's trading session, signaling a resurgence in its strength.
The S&P 500 displayed further gains on Friday as a steady inflow of money drove the stock market.
Gold markets experienced a back-and-forth movement during Friday's trading session, reflecting the ongoing uncertainty and noise surrounding the market.
During Friday's trading session, the GBP/JPY demonstrated an impressive surge, surpassing the critical ¥175 level in the early American trading session.