For eight trading sessions in a row, the price of the EUR/USD continues the downward correction, crossing the 1.1000 psychological support,
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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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Cryptocurrency markets have calmed down in November but retained a bearish bias. Ethereum, which brought the world the second generation of blockchain technology
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With the December 12th election approaching, UK Prime Minster Johnson’s Tories are expanding their lead in the polls.
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Trade fears are on the rise once again as the US and China appear to have a growing list of disagreements over how the phase one trade deal should look like.
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A combination of fundamental developments has caused a violent sell-off in the AUD/NZD.
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AUDUSD: Bearish, but pivotal area below around 0.6800 may be supportive
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USDCHF Analysis: More bearish below 0.9886
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GBPUSD: Narrowing triangle pushing breakout scenario
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The US dollar has initially tried to rally during the trading session on Wednesday, but then broke down a bit during the trading session on Wednesday as we continue to struggle with significant resistance just above.
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The S&P 500 continues to struggle at the 3100 level but one thing that should be noted is that every time it drifts a little bit lower, the buyers continue to come back and try to pick up a bit of value.
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