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 S&P 500 did almost nothing during the trading session on Monday, as you would expect, due to the fact that the underlying index was closed.
The NASDAQ 100 futures market was open for electronic trading on Monday, but there was very little in the way of volume, so you would think that almost nothing could be read out of the candlestick from the Monday session.
The euro rallied ever so slightly during the trading session on Monday, which was a bit interesting considering that it did not even have the influence of Wall Street working against it.
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The GBP/USD rose against the US dollar as investors reacted to potential UK full reopening news and the relatively strong Services and Composite PMI data.
The BTC/USD pair was little changed during the Asian session as traders paid close attention to the ongoing ransomware attack.
Despite attempts to stop losses for the EUR/USD price at the end of last week's trading, the pair rebounded to the 1.1874 level before settling around the 1.1865 level
For three trading sessions in a row, the price of gold returns to its highest level in a week, reaching the resistance level of 1795 dollars an ounce
The British pound regained some of its gains against the US dollar at the end of last week's trading after the release of the monthly US jobs report.
After consecutive bullish jumps for the USD/JPY currency pair, it pushed it towards the resistance level 111.66, its highest since March 2020.
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The USD/BRL has produced an incremental climb higher since the 25th of June, but its highs made this past Friday will be put to a quick test today.
The USD/ZAR climbed to two-month highs on Friday, but the Forex pair has since sold off and in early trading today has sustained bearish characteristics.
The USD/INR has lost some of its bullish momentum in trading today as the Forex pair has come off highs.
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Both nearby support levels look pivotal.
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ETH/USD has come off short-term highs in early trading today as the cryptocurrency produces a rather challenging rolling range.
The price now has room to fall as far as 1.3714.