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
With the global economy on recession watch, the oil market has been largely depressed which is posing a headwind for the Canadian Dollar;
After the breakdown below its resistance zone, the AUD/USD approached its 50.0 Fibonacci Retracement Fan Support Level before reversing.
For the eight trading sessions in a row, USD/JPY stabilized between the 108.24 support and the 108.93 resistance, as shown
Top Forex Brokers
The failure to pass the latest Brexit agreement between Boris Johnson and the EU through the British House of Commons further complicated the Brexit outlook
After weeks later, the EUR/USD pair corrected up to 1.1179, the pair's highest resistance in more than two months,
Gold prices rose back to the $1518 resistance by the end of last week's trading, the highest level in a month
Bitcoin: Bullish breakout beyond long-term trend line
USDJPY: Look for bullish breakout beyond 109.00
Volatility has always been a part of the cryptocurrency market and it returned last week with a bang.
Bonuses & Promotions
USDCAD: Still bearish but support closer to 1.3000 area
The Euro has initially tried to rally during the trading session on Friday, reaching down below the 1.11 level.
The British pound has pulled back a bit during the trading session on Friday, reaching down towards the 1.28 handle.
The S&P 500 has rallied significantly during the trading session on Friday as optimism continues with the trade war situation.
The NASDAQ 100 rallied rather significantly during trading on Friday, as global trade optimism has returned.
The Australian dollar has gone back and forth during the trading session on Friday, sitting on top of the 50-day EMA as traders close out their positions for the week.