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
Although the US dollar recovered from its losses since the beginning of trading this week, Gold futures contracts XAU/USD are trying to stay above the $1700 level an ounce.
The TRY/USD settled within a narrow range that has been going on for several weeks, to continue stability for more than a month and a half, amid recording slight movements with the pair's stability within the rectangle range shown through the attached chart.
The Dow Jones Industrial Average declined during its recent trading at the intraday levels breaking a series of gains that continued for three consecutive days.
Top Forex Brokers
Spot natural gas prices (CFDS ON NATURAL GAS) continued to decline in early trading on thursday, to record new daily losses until the moment of writing this report, by -2.37%.
The USD/CAD is near the 1.35350 mark as of this writing with rather steady price action being demonstrated.
Bitcoin has not only pierced the $18,000 level during the Tuesday session, but have reached new lows on Wednesday.
The GBP/USD is trading near the 1.14090 mark as of this writing.
The GBP/USD price remained in a consolidation phase as investors reacted to the outcome of the American midterm election.
The EUR/USD price collapsed below the parity level as the US dollar rebounded. It was trading at 0.9996, the lowest level since Friday last week.
Bonuses & Promotions
Gold markets have stalled a bit during the trading session on Wednesday, as we may have gotten a bit ahead of ourselves.
The BTC/USD price crashed to below 16,000 amid rising risks of a contagion in the cryptocurrency industry.
The DAX has gone back and forth during the training session on Wednesday, as we continue to see risk appetite all over the place.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The AUD/USD price pulled back slightly ahead of the upcoming American inflation data.
The West Texas Intermediate Crude Oil market has plunged lower during the trading session on Wednesday to reach down toward the $86 level.
The EUR/USD currency pair has pulled back a bit on Wednesday as we have seen a lot of negativity as far as risk appetite is concerned out there.