The NASDAQ 100 gapped lower to kick off the trading session on Monday, dropped a bit, but then found buyers underneath at what would be the bottom of the overall channel.
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 US dollar has rallied a bit against the Japanese yen during the trading session on Monday, as we have seen a bit of US dollar strength in general.
The S&P 500 initially gapped lower to kick off the trading session on Monday as people started to worry about coronavirus figures again
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The British pound initially tried to rally during the trading session on Monday, but then rolled over again to break down below the 1.23 level.
The Euro has initially rally during the trading session on Monday, but then gave back quite a bit of the gains once the market reached towards the 1.13 level.
The Australian dollar has done almost nothing during the trading session on Monday, as we have gone back and forth to show signs of lackluster behavior.
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The Malaysian Ringgit has provided traders with a solid test of their emotional fortitude the past few sessions as forex markets display signs of volatility
Germany’s economy is faced with a steep recession in 2020, estimated between 6.5% and 8.5%, while it battles a resurgence of Covid-19 infections.
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GBP/USD: New lower resistance at 1.2314
EUR/USD: Potential support at 1.1195
Pakistan delivered its first economic contraction in 68 years, with a 0.38% decrease for the 2019-2020 fiscal year, which ends today.
Silver markets went back and forth during the trading session on Monday, as we continue to see a lot of noise in this market.
The bitcoin market has broken down a bit during the trading session initially on Monday, slicing below the 9000 level before recovering a bit.
The West Texas Intermediate Crude Oil market has initially gapped lower to kick off the week on Monday, and then turned around to show signs of strength again