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 has pulled back a bit during the trading session on Friday, as we may have gotten a bit ahead of ourselves.
The NASDAQ 100 has rallied a bit during the trading session on Thursday, which of course was also Thanksgiving in the United States.
The S&P 500 has done very little in thin electronic trading on Thursday as Americans were away for the Thanksgiving Day holidays.
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Don't read too much into the markets falling due to the Thanksgiving holiday.
The Australian dollar initially tried to rally during the trading session on Thursday but gave back the gains as we continue to hang about the 0.7350 level.
The US dollar has pulled back just a bit during the trading session on Thursday, but you should keep in mind that it was Thanksgiving in the United States so liquidity could have been a major issue.
Silver markets went back and forth during the trading session on Thursday which should not be a huge surprise
The Bitcoin market fell rather hard during the trading session on Thursday, and what may have been somewhat thin volume
Gold markets have stalled in thin volume during the trading session on Thursday as Americans celebrated Thanksgiving.
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The AUD/USD pair continued to rise against its US counterpart, albeit at a slow pace, as the pair lost the strong upward momentum.
The DAX Index has been able to crush important resistance and is trading near the important psychological juncture of 13300.00 early this morning.
The GBP/USD pair is poised to exit the bullish triangle pattern, as it nearly reached a point of fluctuation in a very weak wide range.
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More risk appetite amid investors' optimism about coronavirus vaccines contributed to the continuation of the EUR/USD's bullish momentum.
Despite the recent stalemate in trade negotiations between the European Union and Britain, the GBP/USD pair remained steady around recent gains.
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