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.
Day traders who dare to pursue WTI Crude Oil this coming week will see the commodity ended Friday’s trading near the 56.655 mark, slightly above last week’s finish, but that isn’t the whole story.
Weekly analysis of gold, silver, Bitcoin, Nasdaq and major forex pairs to help traders anticipate key market movements.
The S&P 500 continues its Santa Claus rally in thin holiday trading, with bulls targeting the 7,000 level and viewing pullbacks as buying opportunities.
The euro eases against the yen in low-liquidity trading, yet strong interest rate differentials and solid support keep the broader EUR/JPY uptrend intact.
Bitcoin remains range-bound during low-liquidity holiday trading, with a breakout above $94,000 or a drop below $80,000 likely to define the next major move.
The US dollar eases against the yen in low-liquidity conditions, with USD/JPY likely consolidating between strong support near 155 and resistance around 158.
The US dollar weakens against the Canadian dollar as holiday liquidity fades, with USD/CAD testing long-term support near 1.3550.
USD/INR continues to attract buyers above the 90.00 level as structural pressures on the rupee outweigh central bank intervention.
NZD/USD is consolidating near its 200-day EMA, with a breakout above 0.59 or a drop below 0.58 likely to define the next directional move.
Ethereum remains range-bound above key support as traders wait for a Bitcoin-driven catalyst to confirm the next major move.
The Australian dollar is testing a key breakout zone above 0.67, but confirmation requires sustained price action amid low holiday liquidity.
Silver stays in a strong bullish trend with elevated volatility, as the $70 level acts as key support and short-term pullbacks favor dip buyers.
Excellent profit margins, new partnerships for its digital distribution strategy, and reasonable valuations combine for a bull case. Can the uptrend continue for AFLAC?
Contracting profit margins, failed growth initiatives, and weak sales growth with rising expenses drive a bearish narrative. Time to go all out on Allstate?
Excellent upside potential, new high-profile defense contracts, and long-term revenue prospects amid rising global defense spending stand out. More gains ahead for Northrop Grumman?
.jpeg)
