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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For the second day in a row, gold prices are subject to selling operations, stabilizing around $2,604 per ounce at the time of writing the analysis.
The EUR/USD currency pair's attempt to recover at the end of last week with gains to the 1.0530 level quickly evaporated and returned downward this week.
During the Monday session, we saw the US dollar initially fall, only to turn around and show signs of life and break to the upside. e
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The British Pound has pulled back just a bit during the early hours on Monday as we continue to see a lot of noisy behavior.
Ethereum rallied a bit during the trading session on Monday as we continue to see a lot of interest in crypto markets overall.
The British pound pulls back to the 200-day EMA against the yen, eyeing potential moves to 195 and 200 levels while risk sentiment drives volatility.
The Aussie dollar had initially gapped higher but then turned around to give back all of those gains to show signs of weakness against the mighty King dollar.
The USD/MXN was hit by an early surge higher this morning when news circulated that President-elect Trump will start his tariff negotiation with Mexico with a threatened 25% price tag.
In my daily analysis of the S&P 500 the first thing I notice is that we gapped higher to kick off the week.
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Dear my daily analysis of the USD/JPY pair, the market has shown itself to be rather flat, which is not overly surprising.
In my daily analysis of exotic currency pairs, the USD/MYR currency pair has caught my attention due to the fact that we have a fairly significant technical set up.
In my daily analysis of the EUR/USD pair, it looks like the euro is simply treading water, just below the crucial 1.05 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/ZAR surged to a high of around 18.22184 early this morning as USD centric strength shook the global Forex market when reports circulated President-elect Trump is intent on a tariff strategy.
The GBP/USD exchange rate continued its downtrend even as the US dollar index (DXY) dropped ahead of the Federal Reserve minutes and the consumer confidence data.
The AUD/USD exchange rate remained under pressure in the past few weeks ahead of the Federal Reserve minutes, consumer confidence, and PCE inflation data.