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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Since the start of trading this week, the price of the USD/JPY currency pair is in an upward retracement mode, breaching the psychological resistance 140.00
For four consecutive trading sessions, the XAU/USD gold price moved amid selling operations.
The USD/MXN has climbed in recent trading, mirroring the broad Forex market as investment houses consider their next moves and speculators worry about clarity.
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The USD/JPY has climbed the past few trading sessions and price velocity upwards increased yesterday as the Forex pair tested higher values seen ten days ago.
The EUR/USD exchange rate retreated on Monday and Tuesday morning as investors refocused on the Federal Reserve.
The BTC/USD price dropped below 16,000 for the first time since Monday last week as liquidity concerns in the crypto industry continued.
The AUD/USD exchange rate pulled back as the US dollar rebounded.
I wrote in my previous forecast last Wednesday that we were probably due for a period of consolidation below $1.2000.
The West Texas Intermediate Crude Oil market has had a wild day during the trading session on Monday, initially dipping down to a fresh, new low, before turning around and showing signs of life.
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The S&P 500 has done very little during the trading session on Wednesday, hanging around the 3950 level.
The Indian stock exchange has been one of the better performers out of all the indices that I follow lately, and the nifty 50 pulling back toward the ₹18,150 level.
The NASDAQ 100 has pulled back a bit during the trading session on Monday, as American traders are probably focusing more on Thanksgiving than anything else right now.
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The USD/CAD has rallied significantly during the trading session on Monday to break above the 50-Day EMA and threaten the 1.35 level.
Gold markets have fallen rather hard during the trading session again on Monday, as the US dollar has found its footing again.