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 British pound rallied during the trading session on Wednesday to reach above the 1.36 level yet again.
The US dollar fell during the trading session on Wednesday to reach down towards the 14.50 rand level yet again.
The S&P 500 did very little during the trading session on Wednesday as we head towards New Year’s Eve, and traders are probably focused more on holidays than on trading.
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The NASDAQ 100 is sitting just below the crucial 13,000 level, which will attract a lot of attention.
The DAX gapped lower during the trading session on Wednesday only to turn around and fill the gap.
Bitcoin markets rallied significantly during the trading session, breaking above the $28,000 level.
The gold markets found buying pressure during the trading session on Wednesday, reaching towards the $1900 level.
The Australian dollar broke higher during the trading session on Wednesday as we continue to see strength in the Aussie overall.
The West Texas Intermediate crude oil market initially pulled back a bit during the trading session on Wednesday as we continue to see a lot of choppiness in this market.
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Bitcoin goes marching on into 2021.
The price is ascending in a bullish price channel.
The Brazilian real is traversing a dangerous value range.
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Gold futures fluctuated during recent trading sessions as the yellow metal struggled to find a tangible trend during a quiet trading week.
After five trading sessions in a row, during which the USD/JPY tried to bounce back up, the pair resumed its downward movement and stabilized around the 103.33 support.
Investors have recently abandoned the US dollar as a safe haven, which coincides with the strong rise in the coronavirus cases and the beginning of global vaccinations, as well as Trump's reactions to the economic stimulus plans.