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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Ethereum's recent performance has been nothing short of impressive, with a notable rally during the Wednesday trading session.
Bitcoin has been on a roll lately, and it doesn't seem like it's ready to slow down anytime soon.
The GBP/USD price retreated after another set of encouraging UK consumer and producer inflation data.
The BTC/USD pair resumed its bullish trend in the overnight session as the Santa Claus rally continued.
The Australian dollar continued surging this week as hopes of more rate hikes by the Reserve Bank of Australia (RBA) rose.
The dollar pair rose against the Turkish lira during early trading on Wednesday, as the pair recorded its highest levels ever above 29.15 levels.
Currently, Bulls are trying to push the euro dollar pair EUR/USD towards the psychological resistance level of 1.10 again, which has often confirmed that it is a good opportunity for bulls to control the direction.
Contrary to the performance at the beginning of trading this week, the price of the pound sterling against the US dollar GBP/USD has returned to rebound higher.
Yesterday, in one of the last major economic events of 2023, the Bank of Japan concluded its December 2023 monetary policy meeting and issued its latest decision on interest rates.
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Pressures on the US dollar is still helping gold prices XAU/USD to rebound higher and maintain the psychological resistance of $2,000 per ounce.
The USD/CAD continues to remain near important mid-term support levels and sustained lower prices may prove attractive to speculative bears.
The NZD/USD has continued to trend upwards, and as the holiday season quickly approaches speculators have wagering opportunities ahead.
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Sign up to get the latest market updates and free signals directly to your inbox.On Tuesday, the USD/JPY demonstrated remarkable strength, swiftly breaching the ¥145 level.
During the recent trading session, the S&P 500 exhibited signs of renewed strength, underscoring the ongoing upward pressure in the market.
The Natural Gas market experienced a modest decline during the latest trading session, with the $2.50 level acting as a formidable barrier to further upward movement.