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 Argentine Peso remains one of the weakest currencies in the world.
India continues to lead new daily Covid-19 infections globally while the economic rebound witnessed in May and June has lost momentum.
South Africa wants to examine all naturally attributed deaths across the country for Covid-19 to obtain a more precise picture of the pandemic.
Top Forex Brokers
The Euro rallied a bit during the trading session on Tuesday as we have wiped out the losses from Monday.
The US dollar has rallied significantly during the trading session on Tuesday but has failed to break above the 50 day EMA.
The NASDAQ 100 has initially pulled back a bit during the trading session but then turned around to show signs of strength yet again on Tuesday.
The Australian dollar has initially dipped during the trading session on Tuesday but then turned around to show signs of strength again.
AUD/USD: Bulls need to break above 0.7217
USD/JPY: Former key level at 106.43 invalidated
Bonuses & Promotions
BTC/USD: Break below $11,400 is technically significant
The S&P 500 is likely to continue going higher longer term, but at this point in time it is likely that we will see the market pull back just a bit, perhaps looking for some type of stabilization or a validation to go higher.
The British pound has recovered nicely during the trading session on Tuesday, breaking above the inverted hammer from the previous session.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.GBP/USD: Yet several failed recent pushes up
EUR/USD: No directional bias
Silver markets have pulled back just a bit during the trading session on Tuesday as we continue to test the $26 level for support.