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 rallied significantly against the Swiss franc during the early hours on Monday, as we have broken above the crucial 0.86 level.
Silver has gapped lower to kick off the trading week, dropped a bit, turned around and rallied rather significantly only to turn right back around and give back some of those gains.
The US dollar has rallied significantly during the course of the early hours on Mondays as we continue to see the interest rate differential come into the picture and influence the market.
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The Turkish lira opened the week's trading at the same levels as the previous week's close, around 34.20 lira per dollar.
The recent strong gains of the US dollar against the rest of the major currencies in the Forex market.
Despite US inflation figures exceeding consensus and hawkish comments from Fed policymakers failing to give the US dollar a new upward momentum, suggesting that the October rally is fading, the yen's recent weakening.
At the end of last week, the Euro traded around $1.09, its weakest level in about two months, driven by the overall strength of the US dollar amid expectations that the US Federal Reserve will cut borrowing costs at a slower pace than expected.
Gold futures rose at the end of last week, benefiting from a weaker US dollar and lower Treasury yields.
The USD/ZAR has moved slightly lower in early trading this morning, this as the currency pair is correlating to broad Forex price action while financial institutions remain cautious.
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the DAX of course stands out because it's the first place that people run to in order to invest in Europe. The market initially pulled back just a bit only to turn around and show bullish pressure.
The US dollar has initially tried to rally a bit during the course of the trading session on Friday as we continue to see a lot of noisy behavior in this market.
In my daily analysis of minor currencies pairs around the world, I have been paying close attention to the British pound against other currencies.
Gold has rallied again during the trading session here on Friday, but we are getting fairly close to some significant resistance, and it's probably worth noting that we shot straight up in the air over the last two days.
The USD/MXN has been within a noted bullish stance the past handful of months as financial institutions showed concerned regarding the stronger than before Morena political party.
The British pound has rallied a bit against the Japanese yen during the trading session on Friday as we continue to threaten the 195 yen level, an area that's been important a couple of times in the past.