The USD/ILS has produced a rather tight range the past handful of days and this is likely to continue the remainder of this week.
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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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In the following technical analysis we will present the USD/JPY forecast for today, Eyes Are Turning Towards the Psychological Resistance Of 150.00 Again
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In the following technical analysis we will present the GBP/USD forecast for today, Bulls' Attempts to Maintain Their Gains
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In the following technical analysis we will present the XAU/USD forecast for today, The Bullish Trend for Gold Continues.
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In the following technical analysis we will present the EUR/USD forecast for today, Downward Correction Ahead of Important PMI Readings
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Gold continues to trade near important highs and the precious metal is getting the attention of traders who likely have different speculative perspectives.
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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.
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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.
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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.
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The AUD/USD embarked on a rally attempt during Wednesday's trading session, mirroring its Tuesday performance by testing the 200-Day EMA.
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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.
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The GBP/USD price continued its retreat as traders reacted to the UK autumn statement by Jeremy Hunt.
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The EUR/USD exchange rate drifted downwards after the European Central Bank (ECB) warned about the banking sector.
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The AUD/USD pair dropped and retested an important support level as US bond yields dropped.
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