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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Natural Gas gapped lower to kick off the trading week on Monday, as we again have seen a lot of bearish pressure into this marketplace.
The British pound has pulled back significantly during the trading session on Monday again, as we continue to see the British pound lose its value overall.
Gold markets rallied a bit during the trading session on Monday, and what would have been relatively light trading volume.
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Bullish momentum is fading after the NZD/CHF advanced into its resistance zone.
Thin trading volume due to the holiday-shortened trading week helped the AUD/USD ascend into its resistance zone.
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EURUSD: Move down from 1.1091 most likely
AUDUSD: Weakly bullish but resistance at 0.6940
The British pound rallied significantly during the trading session only to give back the gains and form what could be an inverted hammer.
The Australian dollar has rallied a bit during the trading session on Friday, reaching towards the 200 day EMA.
The S&P 500 rallied a bit during the trading session on Friday, as we continue to see the so-called “Santa Claus rally” in the marketplace.
The Euro has broken down a bit during the trading session on Friday, showing signs of exhaustion and has broken through the 50 day EMA a bit.