While the tight trading range of the USD/INR persists, it also is presenting traders who know how to place limit orders an opportunity to take advantage of its current values.
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
Yesterday saw the DAX Index begin to challenge new highs around the 13040.000 juncture, but then get hit by profit-taking as afternoon trading progressed.
After approaching what has proven to be rather solid resistance yesterday again, the USD/BRL did see a slightly bearish trading emerge.
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BTC/USD: More bearish below $11,600
It is important while trading to always remember past results do not guarantee what is going to take place in the future.
Spain, Italy, Germany, France, and Sweden are the five most infected Covid-19 countries in the European Union.
Pressure on the South African government of President Cyril Ramaphosa is mounting to push through necessary long-term reforms.
Silver markets initially pulled back a bit during the trading session on Tuesday but then found enough buyers to turn around and break above the $28 level.
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The NASDAQ 100 has rallied a bit during the trading session on Tuesday again, breaking out to a fresh, new high.
Gold markets have rallied a bit during the trading session on Tuesday, breaking above the $2000 level yet again.
The West Texas Intermediate Crude Oil market initially pulled back a bit during the trading session on Tuesday but found buyers once again in order to grind the upside.
EUR/USD: Big round number at 1.2000 may halt rise
The S&P 500 has initially pulled back during the trading session on Tuesday, but then turned around to show signs of life again.
The Australian dollar has rallied a bit during the trading session on Tuesday, and even made a fresh, new high.