Singapore’s central bank, the Monetary Authority of Singapore (MAS), eased monetary policy as expected.
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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Japan released its first-quarter Tankan Survey, which showed service sector resilience.
Silver markets initially rally during the trading session on Tuesday but gave of the gains to form a bit of an inverted hammer.
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Bitcoin has gone back and forth during the trading session on Tuesday, as we continue to sit still.
The gold markets have fallen a bit during the trading session on Tuesday, reaching down to the crucial $1600 level.
The West Texas Intermediate Crude Oil market initially rallied during the trading session on Tuesday to fill the gap from the Monday open.
New Zealand started planning for a post-Covid-19 economy. Finance Minister Robertson notes the country will require a massive nation-building program of infrastructure
After the first wave of selling pressure collapsed the cryptocurrency sector to multi-year lows, price action recovered amid a period of relative calm.
In early trading this week, and amid profit-taking sales and technical indicators reaching overbought areas, the EUR/USD pair retreated to the 1.1010 support after gains at the end of last week's trading to the 1.1147 resistance amid stronger pressure on the US currency. I
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Recently Goldman Sachs recommended buying gold in conjunction with the US Federal Reserve's announcement that it will purchase an unlimited amount of government bonds.
Chinese PMI data showed an unexpected expansion in March on the back of a spike in production for medical supplies.
Sterling's recent gains were halted as markets digested news that Fitch Ratings downgraded Britain's sovereign debt over the weekend.
Investors increased their buying interest in the Japanese yen recently as a safe haven amid the increasing numbers of coronavirus deaths and infections in the United States, which currently exceeded the numbers in countries suffering from the epidemic for months.
AUD/USD: Pivotal point at 0.6023
USD/JPY: Little price movement