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
Speculators who have pursued the bearish trend of the USD/INR the past few months may be patting themselves on the shoulder this morning.
The USD/ZAR’s bearish trend certainly has generated more power since late last week.
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The USD/PKR bullish trend remains strong and traders who are brave enough to speculate on this Forex pair will need to practice persistence
Singapore gained relative control over the Covid-19 pandemic, but the risk of a secondary wave remains globally.
According to the assessment of Hugo Lopez-Gatell, the Deputy Health Minister of Mexico, the Covid-19 pandemic is in a sustained decline across the country.
BTC/USD: Support at $11,400 likely to be tested soon
GBPUSD: Stuck between buyers and sellers
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The Australian dollar has gone back and forth during the course of the trading session on Monday, but ultimately ended up forming a little bit of a negative candlestick.
The Euro initially rally during the trading session on Monday but has fallen quite a bit from the highs in order to form a less than ideal candlestick.
The US dollar has rallied a bit during the trading session on Monday to kick off the week, but against the Japanese yen it has been extraordinarily sleepy.
The S&P 500 has rallied quite nicely during the session on Monday, breaking above the 3400 level and making an all-time high finally.
The British pound initially tried to rally during the trading session on Monday but gave back the gains in order to show less than impressive momentum.
The NASDAQ 100 has gone back and forth during the trading session on Monday, reaching all-time highs yet again.