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 GBP/USD is rising for the fourth consecutive day ahead of the UK employment, US consumer confidence data, and testimony by Jerome Powell.
The BTC/USD price retreated after surging to an all-time high of $58,341 during the weekend.
USDT/USD is not a highly speculative cryptocurrency pair for traders, but the next week of trading for Tether could prove intriguing.
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DOGE/USD is proving a tough battleground for speculators who are trying to pursue short-term bullish behavioral sentiment.
ETH/USD continues to trade with lightning speed and traders brave enough to speculate on the asset need to be alert and use all risk management tactics.
The past five days of trading within the USD/CAD have seen choppy conditions, but bearish momentum continues to prevail.
Gold futures posted their biggest weekly loss in more than a month as a death cross pattern emerged for the precious metal.
Although the US dollar recovered during last week’s trading, the GBP/USD pair made stronger bullish breakouts that resulted in a move towards the 1.4036 resistance, the highest for the pair in 3 years.
At the beginning of last week's trading, the USD/JPY performed well, as it aggressively breached the 106.00 resistance level and reached the 106.22 resistance level, its highest in five months.
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The EUR/USD sold off and retreated at the beginning of last week’s trading to the 1.2023 support level, then rebounded higher at the end of the week to the 1.2144 resistance level before closing steadily around 1.2117.
The euro initially rallied during the trading session on Friday but found trouble near the 1.2150 level to turn things around and start dropping again.
The British pound rallied rather significantly during the trading session on Friday to break above the 1.40 level as gilts started to offer much more in the way of yields.
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The West Texas Intermediate Crude Oil market has fallen again during the trading session on Friday as it appears that Texas energy companies are going to be coming back online.
The NASDAQ 100 initially tried to rally during the trading session on Friday but gave back the gains to form a less than impressive candlestick.
The S&P 500 initially tried to rally during the trading session on Friday but then gave back the gains to form a shooting star-shaped candlestick.