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 rather significantly during the trading session on Monday, bouncing from the 50 day EMA.
Bitcoin has rallied pretty significantly during the early hours on Monday as we continue to see a lot of support near the $60,000 level.
The AUD initially pulled back just a bit during the early hours on Monday, but later on in the day, we have made a somewhat significant attempt to reach the highs again.
Gold prices have declined to around $2,332 an ounce as of the start of trading this week. This is as investor focus shifts to key US inflation reports
The U.S. dollar has rallied slightly against the Japanese yen on Monday, but I think we are trying to stabilize a little bit above the crucial 155 yen level.
The S&P 500 rallied slightly during the early hours on Monday. But really at this point we are getting a little stretched.
Ahead of key US inflation data, the yen has fallen back to around 156 per dollar, and remains under pressure as investors look to Japan's Q1 GDP data this week.
The US dollar has dropped a bit against the Russian ruble during the trading session on Monday, as we continue to dance around the 91 Ruble level.
GBP/USD bulls have pushed the pair above 1.2500, but bears are still in control of the trend.
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The US dollar initially fell a bit during the early hours on Monday against the Brazilian real, but ultimately looks as if it is very well supported underneath.
The euro has now completed four consecutive weekly advances, suggesting ongoing resilience that could continue if mid-week US inflation and retail sales data
Silver has been rather noisy during the trading session on Monday, as we are bring in our hands against the major resistance level.
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The British pound has rallied again during the trading session on Monday, as we have shown quite a bit of strength in this pair yet again.
Bitcoin price held steady in the overnight session, helped by the ongoing risk-on sentiment among day traders.