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
The GBP/USD pair declined sharply yesterday as US bond yields continued to rise.
The BTC/USD bounced back even as US Treasury yields rose, pushing the greenback higher.
The NASDAQ 100 initially fell during the trading session on Monday, as a lot of traders continue to buy dips going forward.
Top Forex Brokers
The US dollar has initially tried to rally during the course of the trading session on Monday but give back the gains as we reached towards the 50 day EMA.
The FTSE 100 initially fell after gapping higher on Monday but found plenty of support underneath the turn around and form a bit of a bullish candlestick.
Crude oil turned around as rumors crept into the market that the Russians are looking to continue production cuts, thereby adding more upward pressure on the market in general.
The S&P 500 initially pulled back during the trading session on Monday as people were worried about the fund that blew up on Friday.
The British pound has initially tried to rally during the trading session on Monday but gave back the gains once we got above the 50 day EMA and a sign of weakness.
The Euro has fallen a bit during the course of the trading session on Monday as we continue to see the US dollar strengthened overall.
Bonuses & Promotions
The Australian dollar gapped higher to kick off the Monday session, but then went back and forth to form a less than impressive candlestick.
The gold markets have fallen again during the trading session on Monday, as the yellow metal seemingly cannot get out of its own way.
Bitcoin markets have rallied quite significantly during the trading session on Monday as traders came back to work.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
In the face of factors that increase gold's gains, the US dollar strengthened, which explains the weakness of gold's attempts to rebound higher during last week’s trading.
Profit-taking in the GBP/USD pushed the pair to the support level at 1.3670, a near 2-month low.
In the last three trading sessions of last week, the USD/JPY pair moved near the 110.00 psychological resistance by testing the 109.85 resistance before closing flat around 109.66.