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 landscape in crude oil markets remained relatively subdued during the early hours of Tuesday, as the market continued to assimilate the gains from the preceding two trading sessions.
The AUD/USD has demonstrated notable strength in Thursday's trading session, making a significant rally that brought it in contact with the 200-Day Exponential Moving Average.
My previous GBP/USD signal on 14th November was not triggered as there was no bearish price action when either of the identified resistance levels were first reached.
The EUR/USD pair retreated during the American session as the US dollar index (DXY) bounced back after the latest FOMC minutes.
Bitcoin price retreated on Tuesday and Wednesday morning after a series of important regulatory stories in the industry.
The AUD/USD pair was flat on Wednesday morning as traders reflected on the latest Federal Reserve and Reserve Bank of Australia (RBA) minutes.
The USD/SGD has traded lower and sustained bearish momentum as support levels have proven vulnerable since Tuesday of last week.
The USD/CAD has come off of highs seen last week, but since hitting a depth of nearly 1.36550 last Wednesday has run into choppy trading conditions.
The USD/ZAR has initially tried to rally against the South African Rand during the trading session on Monday but has given back about half of the gain as I write this article.
Bonuses & Promotions
The US dollar has experienced a notable decline, bringing it in proximity to the critical ¥147.80 level, a zone that has held significance on multiple occasions in the recent past.
The S&P 500 has exhibited a lateral trend in recent days, and the start of the week didn't show any significant deviation from this pattern.
In the following technical analysis we will present the XAU/USD forecast for today, Strong Opportunities for Gold roar
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Sign up to get the latest market updates and free signals directly to your inbox.In the following technical analysis we will present the USD/JPY forecast for today, Selling Operations Ahead of The Federal Reserve Minutes
In the following technical analysis we will present the EUR/USD forecast for today, Bullish Momentum Ahead of An Important Event.
In the following technical analysis we will present the GBP/USD forecast for today, Overbought Levels.