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 USD/JPY experienced a significant drop during Thursday's trading session, primarily driven by the continuous decline in interest rates within the United States.
The pound sterling fell after it was reported that British inflation slowed by a much larger margin in November than financial markets had expected.
Gold price is still looking for factors of strength to complete the current upward rebound.
Bulls are still looking for more motivation to move the EURO/DOLLAR exchange rate above the psychological resistance of 1.1000 to change direction to the upside.
For four consecutive trading sessions, the price of the USD/JPY has been trying to rebound higher to break out of the prominent downtrend channel on the daily chart below.
The dollar pair rose against the Turkish lira during early trading on Thursday.
The USD/TRY is challenging higher realms in early trading this morning and the incremental climb upwards in the currency pair is once again getting notice.
BTC/USD continues to exhibit an ability to add value for speculators who are willing to wager on the digital asset, this even as the volatile history of Bitcoin shadows the landscape.
Close to major bullish breakout above $1.1000 area.
Bonuses & Promotions
The Crude Oil markets experienced a surge in trading activity on Wednesday, encountering a formidable resistance barrier that has traders on edge.
The gold market showed a slight retreat in Wednesday's trading session, encountering resistance at the $2050 level.
Silver displayed a modest rally in Wednesday's session, riding a wave of upward momentum.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 had a rather uneventful trading session on Wednesday as we await the arrival of the holidays.
The USD/JPY experienced a modest retreat during Wednesday's trading session, encountering resistance at the 200-Day Exponential Moving Average.
The USD/CHF initially trying to rally during the trading session on Wednesday, but then fell as buyers could not hang on to the move.