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 USD/MXN is mirroring the mixed sentiment being shown on global indices.
India continues to report the highest number of daily new Covid-19 infections, but one must consider the size of its population, the second-largest behind China.
Out of the Top 10 most-infected Covid-19 countries, South Africa reports the lowest new daily cases, which drop below 1,000 during some days.
Top Forex Brokers
AUD/USD: Round number at 0.7100 looks pivotal today
Gold markets gapped higher during the trading session on Tuesday and then went even higher than that.
The NASDAQ 100 initially tried to rally during the trading session on Tuesday, only to pull back from the 11,450 level.
Crude oil markets have broken down slightly during the trading session on Tuesday, slicing down towards the $39 level.
USD/JPY: 106.00 area remains pivotal
BTC/USD: Strong support at $10,557
Bonuses & Promotions
The silver markets gapped higher to kick off the trading session on Tuesday and broke even higher to reach towards the $24.40 level by the time the open outcry session ended.
The market has been very noisy during the trading session on Tuesday, as we continue to see volatility in the S&P 500.
GBP/USD: Yet strong support at 1.2785
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
EUR/USD: Strong resistance likely at 1.1775
The Euro has rallied rather significantly during the trading session on Tuesday, slicing through the 50 day EMA but the market is facing a significant amount of resistance near the 1.1750 level, an area that is important on shorter-term charts.
The Bitcoin market continues to oscillate in a relatively tight range, using the $11,000 level as resistance.