The price movement within the USD/INR has produced a rather curious move higher in a rather polite fashion, this if the currency pair’s two violent spikes during November can be forgotten.
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
The USD/ZAR produced a rather turbulent price range during the month of November for speculators within a known value realm; questions need to be asked about December’s outlook.
The S&P 500 has been explosive during the month of November, taking off and breaking out of a massive bullish flag pattern.
Top Regulated Brokers
The NASDAQ 100 has been explosive to the upside during the trading month of November, as interest rates have fallen quite drastically in the bond market.
December could be a pretty wild month for the crude oil markets, as we are currently waiting to find out whether or not OPEC will cut production.
The USD/MXN has seen a lot of volatility during November, ultimately dropping down toward the 17.06 pesos level, only to turn around and bounce at the end of the month.
As we enter the month of December, we are at a major resistance barrier that has caused quite a few problems in the past.
The S&P 500 once again staged a rally during Wednesday's trading session, edging ever closer to the pinnacle of overall market highs and teasing the prospect of a complete breakout.
The natural gas markets faced a significant setback in Tuesday's session, as news emerged of a potentially mild weather pattern in the United States lasting until mid-December.
Bonuses & Promotions
Silver made an initial attempt to rally during Wednesday's trading session but faced a reversal as it breached the $25 level.
The EUR/USD embarked on a choppy move during Wednesday's trading session, grappling with the formidable 1.10 level overhead.
Bitcoin had a mixed performance during Wednesday's trading session, with market participants oscillating between bullish aspirations and concerns of potential overextension.
Gold prices near record high, influenced by Fed rate cut bets and global economic trends. XAU/USD analysis and forecast amid evolving market conditions
The USD/CAD remains within sight of lows created early yesterday, and important Canadian growth data today which may factor into the currency pair awaits.
USD/JPY correction path continues, touching a 2-month low at 146.66, amid US economic growth and Fed rate hikes. Analysis and expectations detailed.