The GBP/JPY began Wednesday's early hours with a slight retreat against the Japanese yen, only to reverse course and display signs of vitality.
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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The natural gas market displayed limited activity during Wednesday's trading session, with our attention firmly fixed on the upcoming Thursday holiday in the United States.
The gold market witnessed a rally during the early hours of Wednesday's trading session, with an apparent determination to challenge the recent highs.
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The euro experienced back-and-forth movements in the Wednesday trading session, circling the pivotal 1.09 level.
The AUD/USD embarked on a rally attempt during Wednesday's trading session, mirroring its Tuesday performance by testing the 200-Day EMA.
My previous BTC/USD signal on 15th November was not triggered as there was no bearish price action at the first touch of either of the identified resistance levels.
The GBP/USD price continued its retreat as traders reacted to the UK autumn statement by Jeremy Hunt.
The EUR/USD exchange rate drifted downwards after the European Central Bank (ECB) warned about the banking sector.
The AUD/USD pair dropped and retested an important support level as US bond yields dropped.
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The USD/BRL has developed a rather curious weekly price range and it may entice speculators who want to challenge support and resistance levels within the currency pair.
The NZD/USD is trading near the 0.60245 mark as of this writing; this after touching its high for the month yesterday when 0.60860 was attained.
The S&P 500 had a rather subdued start to its Tuesday trading session, reflecting a market that appears somewhat overextended.
Silver exhibited some volatility early in Tuesday's trading session, initially gapping lower only to reverse course and display signs of resilience.
The NASDAQ 100 fell significantly during the trading session on Tuesday, as we have seen a lot of volatility as of late.
The gold market experienced a rally during Tuesday's trading session, surging towards the coveted $2000 level before retracing slightly.