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
USD/INR: Higher Values Consolidate as Loftier Air Dominates
Bitcoin: Calm Waters Deliver No Rest for the Very Frustrated
As we head into the new year, the Euro has rallied on Thursday to trade to the top of the short-term range that we have been in.
The USD/CHF dollar has fallen again during the trading session on Thursday, as it looks like we are hell-bent on testing serious support underneath.
The NZD/USD has shown a bit of a “risk on move” during the session on Thursday, but it’s worth noting that we are still very much in a consolidation area.
The GBP/USD has rallied ever so slightly during the day on Thursday, but it looks as if we have nowhere to be.
The AUD/USD rallied a bit during the trading session on Thursday, as we have seen multiple days in a row.
The West Texas Intermediate Crude Oil market has gone back and forth during the session on Thursday, as we continue to see a lot of noisy behavior just below the 50-Day EMA.
The S&P 500 has rallied a bit during the day on Thursday as we trade right back into the consolidation area we have been stuck in for well over a week.
Bonuses & Promotions
The NASDAQ 100 bounced during the Thursday session, using the 10,700 level as a bit of a support barrier, as we have seen a couple of times in the past.
The Hang Seng did very little during trading on Thursday, even though it’s one of the few indices out there that will not be as impacted by the Christmas holiday.
Gold markets have rallied a bit during the trading session on Thursday, showing signs of life again.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The additional impetus for the EUR comes amid signs that interest rates in the Eurozone will rise more than previously expected.
After gold prices jumped on Tuesday towards the $1833 resistance level, its highest in six months, the XAU/USD gold price returned to stability around the $1800 psychological resistance
Spot natural gas prices (CFDS ON NATURAL GAS) continued to decline during their early trading on Thursday.