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 Australian dollar initially fell during the day on Tuesday but has seen a complete turnaround by the time the Americans got on board.
The DAX initially pulled back during the trading session on Tuesday as we continue to see the market look a little stretched.
Bearish momentum seems to have slowed and faded away.
Top Forex Brokers
Early during the trading session on Tuesday, we have seen the S&P 500 dip, but since then we have seen it turn right back around and show signs of strength.
The British pound has staged a strong comeback against the greenback after a series of strong UK economic numbers.
Bitcoin fell a bit in the early hours on Tuesday as we continue to see a lot of noise.
The EUR/USD pair continued its recent comeback as the dollar index (DXY) sell-off gained steam ahead of the US inflation data.
The AUD/USD exchange rate held steady after a hotter-than-expected inflation report from the US and a hawkish statement by Jerome Powell.
The British pound has rallied rather significantly during the trading session on Monday, bouncing from the 50 day EMA.
Bonuses & Promotions
Bitcoin has rallied pretty significantly during the early hours on Monday as we continue to see a lot of support near the $60,000 level.
The AUD initially pulled back just a bit during the early hours on Monday, but later on in the day, we have made a somewhat significant attempt to reach the highs again.
Gold prices have declined to around $2,332 an ounce as of the start of trading this week. This is as investor focus shifts to key US inflation reports
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
The U.S. dollar has rallied slightly against the Japanese yen on Monday, but I think we are trying to stabilize a little bit above the crucial 155 yen level.
The S&P 500 rallied slightly during the early hours on Monday. But really at this point we are getting a little stretched.
Ahead of key US inflation data, the yen has fallen back to around 156 per dollar, and remains under pressure as investors look to Japan's Q1 GDP data this week.