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 New Zealand dollar has gone back and forth during Thanksgiving session; the liquidity coming out of North America have been almost nonexistent.
The Thanksgiving session was positive for Ethereum, as it has broken out above the recent noisy consolidation area, to threaten the $4500 level as I record.
Gold markets were very quiet during the trading session on Thursday, as one would expect due to the Thanksgiving holiday in America.
The Australian dollar continues to slump against the US dollar, even though the Thanksgiving holiday in the US should have given it a little bit of a reprieve.
The Bitcoin markets have rallied a bit during the Thanksgiving session on Thursday, showing signs of life again.
The British pound has gone back and forth, but it was Thanksgiving in the United States, suggesting that there would have been a serious lack of liquidity.
The Euro has initially tried to rally on Thursday but gave back the gains, despite the fact that the Americans were away at Thanksgiving.
The USD/MXN has extended its bullish momentum and traded to new highs and is challenging values not seen March of this year.
The USD/ZAR moved above long-term highs and appears to be sustaining its upward price realm in a calm trading environment, but traders need to be careful.
Bonuses & Promotions
Gold prices closed slightly higher after a four-session decline, despite the rise of the US dollar and a group of US economic reports that were mostly positive.
Investors weighed expectations about the future of monetary policy tightening by the Bank of England and the US Federal Reserve, which favor the US dollar.
The positive results of US economic data balanced out expectations of raising interest rates.
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Sign up to get the latest market updates and free signals directly to your inbox.Undoubtedly, expectations of raising US interest rates helped US dollar pairs achieve strong and sharp gains.
The price has reached new 1-year lows below $1.1200.
The FTSE 100 fell after initially gapping higher on Wednesday but then fell almost immediately.