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 initially pulled back just a bit during the trading session on Tuesday.
The Bitcoin market initially tried to rally during the trading session on Tuesday, only to turn around and show signs of weakness.
Ethereum markets have gone back and forth during the trading session on Tuesday as we continue to look at the $3000 level with great interest.
The Australian dollar has been back and forth during the trading session on Tuesday
Silver has initially fell during the trading session on Tuesday, but then turned around to show signs of life again.
The US dollar rallied a bit during the trading session on Tuesday but has run into a little bit of noise just below the ¥155 level.
The EUR/USD consolidation continued on Wednesday morning in a low-volume environment.
Bitcoin price consolidation has continued its consolidation phase this week as concerns about regulations continued.
The AUD/USD exchange rate pulled back even after the Reserve Bank of Australia (RBA) delivered a hawkish pause on Tuesday.
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May be long opportunity at support levels.
The late week decline in the GBP/USD exchange rate is an ominous sign and suggests potential losses in the coming days.
The Japanese yen has once again weakened past 154 yen to the dollar, giving up last week's gains even after top currency diplomat Masato Kanda said the government is ready to combat disorderly and speculative forex moves.
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Sign up to get the latest market updates and free signals directly to your inbox.According to recent trading, the euro appears increasingly ready to test some upside targets against the US dollar in the coming days, thanks to a strong reaction to the US jobs report on Friday.
Gold prices rose above $2328 an ounce today, Tuesday, supported by renewed hopes that the Federal Reserve will start cutting US interest rates this year, after weaker-than-expected job growth in the United States.
The euro rallied slightly during the early hours on Monday as it looks like we are threatening the 200 day EMA.