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
USDCHF Analysis: 0.9946 looks very pivotal
The NASDAQ 100 gapped lower at the beginning of the week as pretty much everything else with any risk appetite attached to it did due to the drone strike in Saudi Arabia.
The West Texas Intermediate Crude oil market, as well as the Brent market, spiked after an attack in Saudi Arabia that has wiped out half of their refinery capacity.
Top Forex Brokers
The British pound broke down during the trading session on Monday, as the 1.25 level has offered far too much in the way of resistance.
The Euro initially tried to rally during the trading session on Monday but then broke down rather significantly to crash into the 1.10 EUR level.
The US dollar gapped lower to kick off the week as traders have the ability to react to the Saturday drone strike in Saudi Arabia.
The Australian dollar has tried to rally a bit during the trading session on Monday again, but turned right back around to show signs of exhaustion and has formed a shooting star yet again.
The US dollar rallied against the South African Rand right off the bat on Monday as we gapped higher and reach above the 14.70 level initially.
Gold markets gapped higher after the drone strike in Saudi Arabia against the oil refineries on Saturday.
Bonuses & Promotions
Natural gas markets gapped higher to kick off the week after the drone strike in Saudi Arabia, and that is perhaps in sympathy to the idea of the energy complex having less supplied in general.
The S&P 500 gapped lower to kick off the trading week on Monday after the Saudi drone attack.
After the ECB press conference last week, where the ECB announced that its open ended bond buying program will resume on November 1st 2019 at a rate of €20 billion per month
GBPUSD: Major bearish reversal from 1.2500?
As the likelihood of a no deal Brexit decreased, the British Pound rallied off extremely depressed levels.
The Australian Dollar, home to a bigger and more diversified economy than the New Zealand economy, has enjoyed a strong rally against its smaller neighbour the New Zealand Dollar