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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Gold futures settled lower to the $1794 support level at the time of writing the analysis amid the pace of investors' appetite for risk
At the beginning of this week's trading, the most prominent for forex investors was the gains of the pound sterling against the rest of the other major currencies.
The price of the USD/JPY currency pair is clinging to stability around the psychological resistance level of 110.00 with the beginning of this important week’s trading.
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BTC/USD has delivered a flurry of violent bursts the past couple of days and speculators brave enough to trade the asset need to be prepared with solid risk management.
The AUD/JPY has seen a reversal lower in trading today, but this has developed after the Forex pair has accomplished a rather satisfying short-term bullish move.
The USD/SEK has moved lower in early trading this week which has extended its short-term bearish momentum.
The AUD is weak partly due to the Australian lockdown impact.
The USD/INR has developed a range bound technical pattern the past handful of days as resistance and support levels have created polite trading.
The West Texas Intermediate Crude Oil market fell a bit during the trading session on Monday, reaching towards the $70 level.
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The US dollar initially tried to rally during the trading session on Monday but then turned around to show signs of weakening again.
The DAX Index fell to kick off the trading session on Monday as we reached towards the previous uptrend line that we have now broken back over.
The S&P 500 initially had a little bit of a dip during the trading session on Monday, but then found the 4400 level to be supportive enough to turn things around and form a bullish candlestick.
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Sign up to get the latest market updates and free signals directly to your inbox.The NASDAQ 100 initially pulled back during the open on Monday but has seen the 15,000 level offer significant support.
New support level at 1.1800 looks likely to be pivotal today.
The gold markets initially tried to rally during the trading session on Monday but struggled above the 200-day EMA as we continue to see resistance above.