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
The GBP/USD exchange rate continued its recovery this week as the UK hosted its Global Investment Summit.
The EUR/USD exchange rate held steady near its highest level this month after a hawkish statement by Christine Lagarde, the head of the European Central Bank (ECB).
The Aussie continued its strong recovery, helped by the diverging monetary policy statement between the Federal Reserve and Reserve Bank of Australia (RBA).
The USD/MXN continues to demonstrate its rather bearish trend remains speculatively intriguing.
The USD/ZAR experienced a burst higher in the middle of last week which saw values sustained near resistance levels, this after challenging prices not seen since late October.
The trading session on Thursday witnessed a lack of substantial movement in the S&P 500, a phenomenon that aligns with the observance of Thanksgiving in the United States.
In the following technical analysis we will present the XAU/USD forecast for today, Gold Prepares for Stronger Peaks.
In the following technical analysis we will present the USD/JPY forecast for today, The Chance of Returning to Its Record Levels.
In the following technical analysis we will present the GBP/USD forecast for today, The Possibility of Selling Deals.
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Silver remained relatively subdued during the trading session on Thursday, with traders contending with diminished liquidity due to the Thanksgiving holiday.
In the following technical analysis we will present the EUR/USD forecast for today, Bulls Dominate, Awaiting Stimulus
The natural gas markets exhibited a notably subdued performance during the trading session on Thursday, reflecting the ongoing quest for a solid support base.
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Gold displayed a modest rally during the early hours of Thursday, albeit within the context of a thinly traded session, with the official market paused in observance of Thanksgiving in the United States.
In a massive surge, the GBP/USD soared dramatically on Friday, capitalizing on the US dollar's broad weakness.