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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Speculators not accustomed to volatility within the USD/SGD are likely taking a second glance at the Forex pair’s performance the past week.
The GBP/USD pair finally succeeded yesterday in covering the price gap that occurred with last week's opening.
The S&P 500 broke down significantly during the trading session on Monday, due to concerns coming out of London about a mutated coronavirus strain.
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The NASDAQ 100 had a rough trading session on Monday, just as most other markets did.
The West Texas Intermediate Crude Oil market fell quite a bit during the trading session on Monday as traders worry about the coronavirus mutations in the United Kingdom.
The DAX Index broke down a bit during the trading session on Monday as European traders completely lost it over the coronavirus mutation in the United Kingdom.
The Australian dollar has been all over the place during the trading session on Monday, due to concerns surround a coronavirus mutation in the United Kingdom.
Gold markets have fluctuated during the trading session on Monday to kick off the week, as we started off with a bang.
The South African rand has been one of the better-performing currencies to pay attention to, as the US dollar has been absolutely pummeled against it.
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The US dollar initially spiked against the Brazilian real on Monday, as the markets were very thin due to holiday trading.
The euro broke down significantly during the trading session on Monday amid global concerns surrounding the coronavirus mutation in the United Kingdom.
The British pound gapped lower on Monday after there were major concerns regarding the coronavirus mutations.
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With the holidays approaching, investors prefer to make profits, especially after recent record gains.
The pound did not celebrate its highest gains since early 2018, as pressures returned again.