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 new President of the United States, Joseph R. Biden, recently signed 15 executive orders on his first day in office.
Argentina is mired within an economic spiral which has the appearance of a horror movie.
The Euro went back and forth during the trading session on Wednesday as we continue to hang on to the 50 day EMA.
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The NASDAQ 100 has broken to the upside yet again during the trading session on Wednesday as we are reaching towards the 13,300 level at the close.
The German index initially pulled back a bit during the trading session on Wednesday but then turned around to form a slightly bullish candlestick.
The S&P 500 has rocketed higher during the trading session on Wednesday, breaking towards the 3850 level and closing towards the top of the candlestick
The British pound initially tried to rally during the trading session on Wednesday but gave up gains above the 1.37 level as it continues to be massive resistance.
The NZD/USD has seen its bullish trend reignite the past few days of trading and short-term resistance levels have proven vulnerable.
Bitcoin fell rather significantly during the course of the trading session on Wednesday, breaking below the $35,000 level before turning around and showing signs of life again.
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After hitting high water marks near the 15.61000 level on the 11th of January, the USD/ZAR has incrementally traversed lower.
The West Texas Intermediate Crude Oil market initially tried to rally during the trading session on Wednesday but gave back the gains in order to show signs of slowing down
After hitting a high of nearly 1.33330 early this week, the USD/SGD has proven capable of shaking off its reversal higher and reigniting bearish sentiment.
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The Australian dollar did rally a bit during the trading session on Wednesday as it looks like we are ready to go looking towards the 0.78 handle.
The Canadian dollar strengthened against the greenback during the trading session on Wednesday as the United States dollar continues to look very soft against certain commodity currencies.
Gold markets have broken higher during the trading session on Wednesday, breaking towards the 50 day EMA.