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.
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The British pound fell hard on Friday but then turned around to show signs of life again.
The euro rallied significantly on Friday, breaking above the 1.13 level.
The EUR/USD pair rose slightly on Monday even as the number of Omicron variant cases keep rising and countries add travel restrictions.
The GBP/USD pair was little changed on Monday morning even as the UK confirmed that the Omicron variant had landed in the country.
The AUD/USD pair sell-off accelerated on Monday as concerns about the new Covid-19 variant remained.
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The S&P 500 has been very quiet during most of the month of November, but we are starting to approach the holidays.
The NASDAQ 100 has been very noisy over November as it looks like we are trying to figure out where to go next.
The euro has been struggling for a while now, and at this point it is difficult to imagine that December is going to be any better.
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The US dollar has enjoyed a relatively large move to the upside against multiple currencies for the last couple of months.
The US dollar has rallied quite nicely over the last few weeks, as the greenback has been on a tear overall.
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The West Texas Intermediate Crude Oil market has essentially gone nowhere during the trading session on Thursday, because of Thanksgiving in the United States.
The US dollar has pulled back ever so slightly during the trading session on Thursday, which of course was Thanksgiving in the United States.