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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In my daily analysis of the S&P 500, it's worth noting that we have a significant miss in the consumer price index numbers in America, and we have seen absolute panic since then.
In my daily EUR/CAD analysis, it’s hard not to notice that the euro has broken out against the Canadian dollar.
This is a market that looks like it's trying to fall apart, but quite frankly, I'm not impressed and the reason I say that is that the interest rate differential is still massive.
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I can see that we still have no idea what to do with this so-called asset at this point in time.
In my daily analysis of the Australian dollar, it's easy to see that there is a lot of positivity to this currency market right now.
The lira is trading near its lowest levels ever, near 33 liras per dollar.
The EUR/USD price is stable around the 1.0840 level, amid attempts to rebound higher, but it lacks the momentum to achieve this.
A recent rally in GBP/USD has once again stalled after hitting a well-known technical barrier and Jerome Powell's sober assessment of the likelihood of rate cuts.
The yen has fallen to around 161.75 per dollar, just below its 38-year low, as the dollar strengthens.
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Gold futures were little changed ahead of two crucial inflation reports later this week.
The USD/ILS has seen a bearish trend emerge since the 3rd of July when the currency pair was touching the 3.77700 vicinity.
The rate is certainly within the middle ground of its known path over the past month.
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Sign up to get the latest market updates and free signals directly to your inbox.It’s easy to see that the US dollar continues to rally quite significantly against the Japanese yen.
It’s easy to see that the NASDAQ 100 continues to want to go higher, and any time we get a little bit of a pullback, it seems like it is a nice buying opportunity.
It’s obvious that the EUR/USD currency pair has no idea what to do with itself.