Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of November 15, 2021.
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
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 15, 2021 here.
Start the week of November 15, 2021 with our Forex forecast focusing on major currency pairs here.
Top Regulated Brokers
The gold markets have rallied significantly on Thursday as we continue to see gold markets race higher due to the idea of fighting inflation.
The US dollar has initially tried to rally during the course of the trading session on Thursday before pulling back midday.
The Euro has fallen again during the trading session on Thursday, as the European Central Bank ponders whether or not to do anything.
The British pound has broken below the 1.34 handle, an area that was significant support previously.
The Bitcoin market has rallied just a bit during the course of the trading session on Thursday to show signs of stability, right around the $65,000 level.
The Ethereum market has rallied significantly during the trading session on Thursday, as the $4500 level has been important over the last couple of weeks.
Bonuses & Promotions
The West Texas Intermediate Crude Oil market has pulled back a bit but continues to see the previous downtrend line as a potential support level.
The NASDAQ 100 has bounced ever so slightly during the trading session on Thursday as the 16,000 level looks to be somewhat supportive.
The S&P 500 went back and forth during the trading session on Thursday, as we have stabilized near the 4650 handle.
The FTSE 100 has rallied significantly on Thursday, as the GDP numbers in the United Kingdom have come out lighter than anticipated.
For the second day in a row, the USD/JPY is trying to compensate for its recent sharp losses, which pushed it towards the 112.72 support level, its lowest in a month.
In its best daily performance in more than a month, the price of gold moved to the resistance level of $1868, a 5-month high, before settling around $1852 as of this writing.