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 Dow Jones Industrial Average fell during its recent trading on the intraday levels, to record losses in its last session by -0.90%, to lose about -305.02 points, settling at the end of trading at the level of 33,476.46.
As of this writing, the USD/ZAR is near the 17.41200 level, but traders should check this stated price against current market action which has been swift in early trading this morning.
The USD/BRL went into the weekend near the 5.2390 mark, which essentially put the currency pair’s value within the middle of its range considering a five-day trading chart.
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In all of last week's trading, the price of the EUR/USD currency pair was in an upward retracement.
The exchange rate of the TRY/USD maintained its stability without change.
The recent pressure on the US dollar price allowed the GBP/USD currency pair to bounce upwards.
Bearish pressure remained in control of the performance of the USD/JPY currency pair during last week's trading.
The continuous decline in the price of the US dollar throughout last week’s trading was a catalyst for the XAU/USD gold bulls to move towards the psychological resistance level of $1800 an ounce.
The West Texas Intermediate Crude Oil market has initially tried to rally again during the day on Friday, but as we have seen multiple times, the market has fallen apart, and it looks like we are seemingly hell-bent on going down to the $70 level.
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The S&P 500 has done very little during the day on Friday, as we continue to see a lot of noisy behavior.
The GBP/USD price was wavering on Monday as investors waited for the most economic events of this month.
The BTC/USD price continued to consolidate during the weekend amid signs that investors were withdrawing their coins in record numbers.
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The Indian Nifty 50 has pulled back to the ₹18,500 level during Friday trading.
The NASDAQ 100 has gone back and forth during the trading session on Friday, as we continue to hang around the 50-Day EMA.
The AUD/USD rose on Monday morning as investors repositioned for the upcoming US consumer inflation data and Federal Reserve interest rate decision.