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 Australian dollar initially fell during trading on Friday but turned around to show signs of hesitation.
In today’s gold analysis, we can see that there is a certain amount of support underneath.
At this point, it looks like we are testing the 1.3550 level, an area that previously has been resistant.
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The GBP/USD exchange rate remained in a tight range on Monday ahead of the upcoming UK election and US nonfarm payrolls (NFP) data.
The EUR/USD pair rose on Monday morning as the market reacted to Sunday’s election in France.
Bitcoin price bounced back on Monday morning as traders bought the weekend dip when it crashed to $60,000.
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Last week was dominated by action in the Forex market, with a weak Japanese Yen and a strong Australian Dollar.
The West Texas Intermediate Crude Oil market has been rather bullish during most of the month of June.
The US dollar has been very bullish during the bulk of the month of June, but now it looks like we are at a major crossroad.
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NASDAQ 100 traders have been all over the place during the last couple weeks, but the overall attitude has been very bullish.
Gold markets have been very noisy during the month of June, as we continue to test a major support level.
Bitcoin has been rather negative during the month of June.
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The election results in France which will be seen late tonight and into Monday morning, this will likely impact the EUR/USD.
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