In the last three trading sessions of last week, the price of the currency pair EUR/USD settled below the parity price.
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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After the sharp collapse of the GBP/USD currency pair towards the 1.1350 support level, its lowest since 1985, the British pound closed last week's exciting trading, stable around the 1.1423 level.
The West Texas Intermediate Crude Oil market initially tried to rally during the session on Friday as traders were not willing to hang on to risk heading into the weekend.
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The S&P 500 was negative during the trading session on Friday, which of course should not be a huge price considering just how much danger there is out there.
Despite the recent profit-taking sell-off, the USD/JPY currency pair remained within the ascending channel range.
Gold markets bounced a bit during the trading session on Friday, after breaking through major support on Thursday.
Gold futures fell again last Friday as the rise of the US dollar weighed on the price of the metal.
Ethereum has fallen again on Friday, as it looks like we are testing the $1400 level.
The DAX has fallen yet again during trading on Friday as we continue to see a lot of noisy behavior and of course negativity when it comes to risk assets.
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Short term highs in the USD/NOK are traversing near important resistance levels, having made new highs before going into the weekend.
As of early this Monday morning the USD/CAD has held onto plenty of the gains established by the Forex pair before going into the weekend.
The GBP/USD price crashed to the lowest level in more than three decades amid concerns about the UK economy and an extremely strong US dollar.
The BTC/USD remained in a tight range on Monday as cryptocurrencies recoiled.
The AUD/USD dropped to the lowest level since 2020 as the US dollar strength continued.
In my last analysis of the EUR/USD currency pair on 12th September, I thought that despite long-term bearish trend, it was significant that the price was continuing to establish new higher support levels.