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 silver market has been rather quiet the past week and traders may have to be patient throughout the holiday to witness stronger moves emerge.
The holiday season has seen tight trading within the USD/BLR emerge the past week, but what should grab the attention of speculators is the ability the pair has shown to sustain its current value range.
The USD/MXN continues to flaunt its long-term bearish trend and is challenging price levels not seen since March of 2020.
The USD/INR has seen downward momentum remain tantalizingly strong the past few trading days.
The euro rallied into the 1.23 level, an area of significant resistance that extends to the 1.25 handle.
The British pound rallied during the trading session on Wednesday to reach above the 1.36 level yet again.
The US dollar fell during the trading session on Wednesday to reach down towards the 14.50 rand level yet again.
The S&P 500 did very little during the trading session on Wednesday as we head towards New Year’s Eve, and traders are probably focused more on holidays than on trading.
The NASDAQ 100 is sitting just below the crucial 13,000 level, which will attract a lot of attention.
Bonuses & Promotions
The DAX gapped lower during the trading session on Wednesday only to turn around and fill the gap.
Bitcoin markets rallied significantly during the trading session, breaking above the $28,000 level.
The gold markets found buying pressure during the trading session on Wednesday, reaching towards the $1900 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The Australian dollar broke higher during the trading session on Wednesday as we continue to see strength in the Aussie overall.
The West Texas Intermediate crude oil market initially pulled back a bit during the trading session on Wednesday as we continue to see a lot of choppiness in this market.
Bitcoin goes marching on into 2021.