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
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Forex Daily Forecast, Analysis and Prediction
The Dow Jones Industrial Average jumped during its recent trading on the intraday levels, to achieve sharp gains in its last sessions by 1.58%.
The TRY/USD stabilized during early trading on Tuesday morning.
The USD/MXN is trading near important highs, and its short-term price range has been wide which may prove attractive to speculators.
The NZD/USD has been battling within the higher part of its mid-term price range since the start of December, and short-term traders should be braced for more speculative fights.
The USD/JPY rallied a bit during the trading session on Monday, as we continue to bounce from the 200-Day EMA.
The GBP/USD has done very little during trading on Monday, as markets are patiently waiting for several events this week, not the least of which of course will be the Federal Reserve rate decision on Wednesday.
Since the start of trading this week, the price of the USD/JPY currency pair moved towards upward levels
The S&P 500 has rallied just a bit during the session on Monday, as we continue to hang around the 50-Day EMA.
The recovery of the US dollar, coinciding with the beginning of trading this important week, allowed the XAU/USD gold price to bounce back
The EUR/USD rallied initially during the trading session on Monday but gave back gains rather quickly as we continue to see the 1.06 level cause some issues.
The EUR/JPY has had a very strong session against the Japanese yen during trading on Monday, as it appears risk appetite is coming back into the market.
The EUR/USD forex price continued to consolidate ahead of important economic events and data.
The BTC/USD pair remained in a tight range on Monday and Tuesday as investors waited for a Senate hearing on FTX’s collapse and economic data.
The AUD/USD price retreated on Monday and Tuesday morning as the focus remained on the upcoming events in the United States.
My previous GBP/USD signal on 29th November was not triggered, as there was no bearish price action when the resistance level which I had identified at $1.2022 was first reached that day.