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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A continuous bullish path for the USD/JPY pair awaits more momentum to test stronger highs.
Risk-aversion is weakening the GBP/USD pair, which is moving away from the 1.4000 psychological resistance level, confirming a bearish performance and causing profit-taking.
The EUR/USD pair started trading this week under bearish pressure, stable around the 1.1925 support level as of this writing.
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The pair may bounce back soon as bulls attempt to retest the all-time high.
The GBP/USD declined mostly because of the strong dollar as the US Treasury yields retreated.
The USD/INR is testing its short-term range as support continues to be targeted and is looking potentially vulnerable technically.
The Euro has fallen just a bit during the trading session on Monday to reach down towards the 1.19 handle before bouncing.
The NASDAQ 100 has gone back and forth during the course of the trading session on Monday, as we continue to hang around the 13,000 level.
The S&P 500 has done very little during the trading session on Monday as the market has essentially tread water as we wait for Jerome Powell on Wednesday.
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The British pound has gone back and forth during the course of the trading session on as we continue to see the uptrend line at the bottom of the channel offer a bit of support.
Bitcoin markets have been all over the place breaking well above the $60,000 level only to turn things around and show signs of exhaustion.
The FTSE 100 initially gapped higher but then spent most of the day falling before finally turning around and bouncing near the 6725 handle.
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Gold markets have gapped higher to kick off the trading session on Monday, only to go back and forth and show signs of confusion.
The Australian dollar initially fell during the trading session here on Monday but found enough support at the 50 day EMA to turn things around and form a supportive looking candlestick.
The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Monday as we continue to dance around the $65 level.