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.
Forex Daily Forecast, Analysis and Prediction
Browse by category
Forex Daily Forecast, Analysis and Prediction
The USD/ZAR has initially tried to rally against the South African Rand during the trading session on Monday but has given back about half of the gain as I write this article.
The US dollar has experienced a notable decline, bringing it in proximity to the critical ¥147.80 level, a zone that has held significance on multiple occasions in the recent past.
The S&P 500 has exhibited a lateral trend in recent days, and the start of the week didn't show any significant deviation from this pattern.
In the following technical analysis we will present the XAU/USD forecast for today, Strong Opportunities for Gold roar
In the following technical analysis we will present the USD/JPY forecast for today, Selling Operations Ahead of The Federal Reserve Minutes
In the following technical analysis we will present the EUR/USD forecast for today, Bullish Momentum Ahead of An Important Event.
In the following technical analysis we will present the GBP/USD forecast for today, Overbought Levels.
The natural gas market experienced another dip during Monday's trading session, as traders seemed to be turning a blind eye to the influence of weather patterns.
The GBP/USD currently hovers just above the 200-Day EMA, a level that has provided robust support in recent days.
Silver experienced a significant downturn during the Monday session, reflecting a period of heightened turbulence in the market.
The gold market started Monday's trading session with an attempt to rally, but these gains were swiftly given up.
The EUR/USD had another surge during the early hours of Monday's trading session, as the US dollar continued to experience some downward pressure.
The crude oil markets displayed another upward surge during Monday's trading session, extending the recovery momentum initiated on Friday.
The AUD/USD exhibited a substantial rally during Monday's trading session, advancing towards the 200-Day Exponential Moving Average, an indicator that commands the attention of many traders for gauging longer-term trends.
The GBP/USD exchange rate is hovering near its highest point since mid-September ahead of the coming FOMC minutes and UK autumn statement.