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 EUR/USD exchange rate darted higher during the American and Asian sessions after the strong American inflation numbers.
The AUD/USD price spiked to the highest level in months after the encouraging American inflation data.
The EUR/USD exchange rate retained many of November's gains in early December trading, but technical resistance continued to thwart its path above the 1.06 resistance.
The GBP/USD exchange rate remained near its highest level in nine months in recent trading.
Spot natural gas prices (CFDS ON NATURAL GAS) rose in early trading on Tuesday, to achieve new daily gains, up to the moment of writing this report, by 5.08%.
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.
Bonuses & Promotions
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
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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.