The BTC/USD has done very little in the way of movement during the trading session yet again on Friday, as traders are waiting to see what the next Ponzi or meltdown will be in the crypto world.
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 GBP/USD price has moved sideways in the past few days after a series of mixed economic data and the British autumn statement.
The BTC/USD price was in a consolidation phase on Monday as concerns about the cryptocurrency industry continued.
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The AUD/USD price remained under pressure as investors assessed the likelihood for a Federal Reserve pivot.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 20th, 2022 here.
The GBP/USD saw additional bullish price action develop the past handful of days, and enters this week having sustained a solid incremental move upwards.
Experienced traders know that contradictions flourish while pursuing their wagers in Forex and the EUR/USD may be about to deliver a rather intriguing mix of results this coming week.
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
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The S&P 500 gapped lower to test the 3900 level, an area that previously had been resistant.
In India, we have seen a nice rally over the last several weeks in the equity market, and the Nifty 50 has reflected this.
The NASDAQ 100 has dipped during the trading session on Thursday to reach down to the 50-Day EMA.
The EUR/USD has pulled back during the trading session on Thursday as the 200-Day EMA has come back into the picture, with the 1.0350 level is an area that a lot of people are paying attention to as well.
The BTC/USD market has done very little during the trading session on Thursday as we continue to hang around and try to figure out whether the FTX fraud is going to continue to cause contagion in the crypto markets.
The West Texas Intermediate Crude Oil market has fallen during trading on Thursday, as more concerns about demand enter the marketplace.