Silver markets bounced a bit during the trading session on Tuesday, as the $14.90 level has offered significant support, which extends all the way to at least the $15.00 level.
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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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Gold markets have spent most of the day on Tuesday bouncing back and forth around the $1700 level, an area that will of course attract a lot of attention
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The West Texas Intermediate Crude Oil market has rallied yet again during the day on Tuesday but looks like it is heading towards a resistance barrier
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South Africa lowered its Covid-19 lockdown to level four, allowing approximately 1.5 million employees to return to work this week.
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UK Covid-19 related deaths are now the highest in Europe, exceeded globally only by the US, home to the most infections and deaths.
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Following preliminary first-quarter Eurozone GDP data, showing a record contraction of 3.8%,
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A quiet start and in a limited range for the price USD/JPY as it moved between the 106.63 support and the 107.06 level of before settling around the 106.66 level at the beginning of today’s trading.
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The recent skirmishes between the two largest economies in the world will motivate investors once again to buy safe haven assets, and gold will have a large share of this turnout.
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Investors have abandoned risk appetite amid a renewed US-China conflict that will deepen the global crises caused by the Corona epidemic.
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The Euro gave up many of its recent gains amid renewed disagreement between the two largest economies in the world over the cause of the Corona pandemic, which pushed the global economy into the abyss.
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India divided its country into three zones. Green is where social life and economic activity face the least disruptions, but travel is restricted.
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The Australian dollar has initially fallen during the trading session on Monday, breaking towards the 50 day EMA before bouncing a bit.
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The US dollar initially tried to rally during the trading session on Monday but found a significant amount of resistance near the ¥107 level.
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The British pound has broken down a bit during the trading session on Monday, reaching towards the 1.24 level before bouncing slightly.
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The Euro initially gapped lower at the open on Monday but then turned around to fill that gap before falling somewhat significantly.
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