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 NASDAQ 100 has been all over the place during the month of April, which is not a huge surprise considering that there are a lot of uncertainties around the world.
Gold continues to be very noisy as the month of April was very choppy.
Gold prices are trading around $2345 an ounce at the start of this week's trading, as caution gripped markets ahead of the Federal Reserve's policy meeting and the US monthly jobs report this week.
The British pound has been all over the place against the Japanese yen in trading on Monday, initially taking off to the upside before struggling to hang on to gains and plunging massively.
The USD/SGD is near the 1.36200 ratio as of this writing, which is technically within the middle of its trading ground attained the past week.
The USD/BRL ended yesterday’s trading near the 5.1175 ratio. This price was essentially also the close of Friday’s trading value before going into the weekend.
Silver has gone back and forth during the trading session here on Monday, and we continue to try to sort out where we're going to go next.
The US Dollar continues to pressure the Norwegian krone, but it continues to sit around the 11 NOK level and seems to be looking for some type of momentum.
The US dollar has initially fell during the trading session on Monday but has continued to find support near the 1.3650 level.
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The Parisian CAC pulled back just a bit during the trading session on Monday, after initially gapping higher to kick off the trading week.
The greenback initially gapped lower to kick off the trading session on Monday, testing the 17 pesos level.
Bitcoin fell a bit during the trading session on Monday and we have dropped below the 50 day EMA.
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Sign up to get the latest market updates and free signals directly to your inbox.You can see gold initially did pull back a bit during the trading session on Monday but continued to find buyers on dip.
The Australian dollar has been a very noisy over the last week or so, and it looks like we are going to continue to see this type of noise.
It looks at this point in time like we are trying to form some type of bullish flag.