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 been going back and forth against the Mexican peso, and this of course is fairly common as the market features two economies that have a lot of cross-border transactions.
The US dollar against the Swedish krona is an excellent currency pair to trade when it comes to the economic and risk appetite situation around the world.
The Euro against the Canadian dollar is a pair that has been shopping around for some time.
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We have recently seen a lot of negativity around the world when it comes to economic numbers and of course financial markets.
The British pound against the Japanese yen pair is a barometer for risk appetite more than anything else under normal circumstances.
NZDUSD analysis: Bullish after significant higher low at 0.6500
Bitcoin: consolidating below 1-year high near $9k
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USDCAD: Bullish but failure to make clean breakout beyond 1.3500
USDCHF Analysis: bearish as risk-off sentiment boosts Franc
The Euro rallied significantly during the trading session on Friday, reaching towards the 1.1165 handle.
The US dollar initially rallied against the South African Rand during the trading session on Friday, but then rolled over rather significantly.