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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Although optimism remains about the distinctive British vaccination against the Corona virus and the implementation of the timetable for abandoning the restrictions,
For five trading sessions in a row, the price of the euro currency pair against the dollar, EUR / USD, is moving in a limited range.
The NASDAQ 100 initially pulled back during the trading session on Monday as earnings season has kicked off, but that we turned around to show signs of life again.
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The US dollar did have a slightly positive session during the day on Monday against the Canadian dollar, but ultimately, we are sitting just below the 50 day EMA,
The FTSE 100 pulled back during the trading session on Monday but found plenty of support at the area where we had broken out from
The West Texas Intermediate Crude Oil market has been very choppy over the last couple of weeks, and it looks as if the range is tightening.
The S&P 500 was relatively quiet during the trading session on Monday as earnings season kicked off.
The Euro pulled back just a bit during the trading session on Monday to reach below the 1.19 level but has since then turned around to show signs of support again.
The British pound did have a positive session on Monday, but more than anything else you could say it was a “stabilizing day.”
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The Australian dollar continues to chop around back and forth during the trading session on Monday, as the markets are in general looking for some type of directionality.
Gold markets have broken down a bit during the trading session on Monday, as we continue to see gold get hammered longer term.
Bitcoin markets have rallied a bit during the course of the trading session on Monday to reach above the $60,000 level.
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ETH/USD has produced record highs and its ability to soar higher while roaring within the media continues to make Ethereum a speculative asset worth considering.
USDT/USD has been leaning in value towards values below the 1.0000 the past week and this may entice short term speculators who have the ability to trade Tether.
ADA/US is hovering within the higher realms of its mid-term values and fast trading conditions are likely to continue short term