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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Mexico attempts to move forward while the Covid-19 pandemic remains a dominant depressor for consumer activity due to joblessness.
Brazil maintains a high number of Covid-19 cases, but the overall trend shows a gradual slowdown when more countries report an uptick in confirmed infections.
The NASDAQ 100 has gapped higher to kick off the trading session on Monday, reaching towards the middle of that massive candlestick from Friday.
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The S&P 500 has rallied a bit during the trading session on Monday, breaking towards the 3400 level.
AUD/USD: RBA signals upcoming rate cut
USD/JPY: Pivotal point at 105.81
The Australian dollar rallied just a bit during the trading session on Monday again, as we continue to dance around the 50 day EMA.
The British pound continues to struggle yet again at the exact same place it has for several weeks, in the form of the 1.30 level.
The Euro rallied significantly during the trading session on Monday, testing the bottom of a trend line that had recently been important.
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BTC/USD: Bought at $10k yet no real bullish momentum
GBP/USD: Pivotal point at 1.2906
The world celebrated the fact that the end of the world was not here due to the overly dramatic media reports of the demise of Donald Trump over the weekend.
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Silver markets rallied a bit during the trading session on Monday, reaching towards the 50 day EMA.
The bitcoin markets have rallied a bit during the trading session on Monday to kick off the week, testing the 50 day EMA.