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 Australian dollar has rallied a bit during the trading session on Friday, wiping out quite a bit of the losses from the Thursday session.
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Gold has been under extreme selling pressure as traders rotated out of this safe-haven asset and moved into riskier ones.
Following the strong rally in this currency pair at the end of October, price action quickly corrected and the sell-off featured a price gap to the downside.
The Euro initially fell a bit during the trading session on Thursday, breaking below the 1.10 level before rallying significantly and reaching towards the 50 day EMA.
The S&P 500 has done absolutely nothing over the last week, as we continue to see the 3100 level offer significant resistance.
The Australian dollar has gotten absolutely hammered during the trading session on Thursday, as the unemployment figures out of Australia were a huge miss,
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The US dollar fell significantly during the trading session on Thursday, reaching down towards the 50 day EMA as it was more of a “risk off” type of move.
The NASDAQ 100 has continued to go back and forth during the trading session on Thursday again, as we simply kill time just below the recent highs.
The British pound has initially pulled back a bit during the trading session on Thursday, but then turned around to show signs of strength in recovery yet again.
The Bitcoin market fell a bit during the trading session on Thursday again, as we continue to see a lot of lackluster trading.
Natural gas markets have gapped higher to kick off the trading session on Thursday as we start to see more colder temperatures hit the northeastern part of the United States
Gold markets have a good session on Thursday, breaking above the highs from the Wednesday session and continuing to go higher