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 USD/MXN is trading near short-term highs in early trading this morning.
The USD/INR continues to offer speculators a chance to challenge its range, and an opportunity to look for short-term reversals as support and resistance levels proves adequate.
The USD/SGD continues to knock on the door of important long-term support levels.
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Similar to last week’s performance, the EUR/USD pair completed the upward correction, which is the closest to the last resistance level of 1.2177, its highest since April 2018.
The European Union and Britain insisted on continuing Brexit talks despite months of failure, which brought some momentum to the GBP/USD at the beginning of this week's trading.
After five consecutive bearish trading sessions, the price of gold was pushed to the support level at $1818 an ounce.
Despite official US approval for distribution of the Pfizer vaccine, the USD/JPY continued its downward path at the beginning of this week's trading.
The GBP/USD has so far failed to cover the price gap that occurred this week.
The West Texas Intermediate Crude Oil market continues to be somewhat sideways in general as we try to figure out what to do next.
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The euro rallied during the trading session on Monday but gave back the gains near the 1.2175 handle, forming a shooting star.
The British pound skyrocketed during the trading session on Monday to kick off the week, reaching towards the 1.3450 level again.
The S&P 500 initially shot higher during the trading session on Monday but gave back the gains rather quickly as we see a lot of volatility and concerns as to whether or not stimulus will be a fact of life.
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The NASDAQ 100 rallied significantly during the trading session on Monday to kick off the week on the right foot.
Gold markets pulled back during the trading session on Monday but seems to be finding buyers just below.
Silver markets fell during the trading session on Monday to kick off the week, but as you can see, we continue to see support just below the $24 level as we have over the last several sessions.