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 S&P 500 rallied on Friday to close just below the 4600 level.
The gold markets broke down significantly on Friday, crashing rather hard early in the day.
The Australian dollar fell a bit on Friday, reaching down towards the crucial 0.75 level.
The Bitcoin market pulled back just a bit on Friday but found the $60,000 level to be supportive enough to keep the momentum to the upside.
The British pound fell rather hard on Friday to break through the 1.37 handle.
The euro started out the session on Friday at the 50-day EMA, but then turned around to break down rather significantly and slice through the 1.16 level.
The EUR/USD pair is struggling as the market reflected on the relatively strong American inflation data published on Friday.
The AUD/USD remained started the month calmly as investors reacted to the relatively weak Chinese manufacturing data.
The GBP/USD made a major bearish breakout on Friday after the US published strong inflation and consumer spending data.
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ADA/USD appears ready to begin November trading with a rather perplexing bearish trend continuing to be demonstrated.
Get our trading strategies with our monthly & weekly forecast of currency pairs worth watching using support & resistance for the week of November 1, 2021.
XRP/USD produced rather efficient percent changes for traders in October, but the cryptocurrency continues to languish within its mid-term range.
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SHIB/USD is the new darling for the speculative world of cryptocurrency, having gained an astounding percentage change in value the past month.
Bitcoin appears ready to enter November having completely turned its trading sentiment around with an exuberant optimistic trading landscape dominating.