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 BTC/USD price dropped below 16,000 for the first time since Monday last week as liquidity concerns in the crypto industry continued.
The AUD/USD exchange rate pulled back as the US dollar rebounded.
I wrote in my previous forecast last Wednesday that we were probably due for a period of consolidation below $1.2000.
The West Texas Intermediate Crude Oil market has had a wild day during the trading session on Monday, initially dipping down to a fresh, new low, before turning around and showing signs of life.
The S&P 500 has done very little during the trading session on Wednesday, hanging around the 3950 level.
The Indian stock exchange has been one of the better performers out of all the indices that I follow lately, and the nifty 50 pulling back toward the ₹18,150 level.
The NASDAQ 100 has pulled back a bit during the trading session on Monday, as American traders are probably focusing more on Thanksgiving than anything else right now.
The BTC/USD has fallen again during the trading session, losing 3.25% by the time the Americans started to go home.
The USD/CAD has rallied significantly during the trading session on Monday to break above the 50-Day EMA and threaten the 1.35 level.
Bonuses & Promotions
Gold markets have fallen rather hard during the trading session again on Monday, as the US dollar has found its footing again.
The EUR/USD has fallen again during the trading session on Monday as we continue to see a bit of hesitation from the 1.0350 region, and of course the 200-Day EMA.
The GBP/USD has pulled back a bit during the trading session on Monday to kick off the week on its back foot.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The AUD/USD has fallen a bit to kick off the trading week, and as we are seeing a resumption of the longer-term trend in favor of the US dollar.
The Turkish lira stabilized against the US dollar unchanged, in anticipation of the interest decision from the Turkish Central Bank, which is expected next Thursday.
The Dow Jones Industrial Average rose during its recent trading at the intraday levels, to achieve gains in its last sessions by 0.59%.