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 exhibited a robust bullish trend during Friday's trading session, making significant strides toward the 200-Day Exponential Moving Average.
In the beginning of trading this week, the EUR/USD is stabilizing around 1.0735, awaiting any new developments.
The natural gas market exhibited a back-and-forth dance in Friday's trading session, firmly entrenched around the $3.50 level in the futures market.
The gold market showcased a robust rally in Friday's trading session, adding to the ongoing display of volatility and turbulence.
The EUR/USD surged higher during Friday's trading session, making a strong push towards the 200-Day Exponential Moving Average.
My previous BTC/USD signal on 30th October was not triggered as none of the key support or resistance levels were reached that day.
The GBP/USD exchange rate bounced back last week after the latest interest rate decisions by the latest Bank of England (BoE) and Federal Reserve decision.
The EUR/USD exchange rate continued rising as bond yields and crude oil continued retreating.
The Australian dollar surged to its highest point since August as the market reacted to encouraging events from the United States.
Bonuses & Promotions
The GBP/USD enjoyed a good week of results for speculative buyers who enjoyed less volatility, durable support and a dose of risk appetite emerging.
WTI Crude Oil went into the weekend below the 81.000 USD level in the cash and most forward futures CFDs (contracts).
Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of November 11th, 2023 here.
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The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.
The GBP/JPY found itself caught in a back-and-forth battle during Thursday's trading session, mirroring the persistent volatility that has become synonymous with this currency pair.