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.
Most Recent
DOGE/USD has risen in value the past week as speculative values have created tests of mid-term highs and the cryptocurrency proves sustainable.
The USD/SGD is traversing support levels not seen since early March and will make speculators contemplate trends.
Investors abandoning the dollar was an opportunity for the price of gold to move higher, but its gains did not exceed the resistance level of $1745, where it is stable as of this writing.
Top Forex Brokers
The GBP/USD has made a bearish correction for two days in a row with losses that reached the 1.3785 support level, where the pair is stable as of this writing.
For four trading sessions in a row, the USD/JPY has been moving in a bearish correction range, which settled around the 109.58 support level as of this writing.
The retracement gains of the EUR/USD pair's upward correction were capped by a test of the 1.1878 resistance level, which the pair is near as of this writing.
The EUR/USD price rally continued in the Asian session ahead of the European Services PMI numbers and FOMC minutes.
The AUD/USD is struggling to find direction a day after the Reserve Bank of Australia (RBA) delivered the latest interest rate decision.
The technical picture is one of very choppy, consolidative trading below $60k which suggests topping before a bearish breakdown.
Bonuses & Promotions
1.3750 area looks likely to be today’s pivotal point.
The DAX Index gapped higher to kick off the trading session on Tuesday, and then shot towards the 15,350 level.
The CAC Index gapped higher to kick off the trading session on Tuesday as we started to see more Europeans jump into the marketplace after the Easter holiday on Monday.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The crude oil market is still looking likely to cause a lot of headaches for traders going forward.
The NASDAQ 100 slowed down a bit during the trading session on Tuesday, culminating in a massive move over the last three previous trading days.
The S&P 500 was rather choppy and quiet during the trading session on Tuesday as traders are struggling around the 4060 handle.