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.
USD/SGD resumes its downward bias ahead of the Christmas holidays as renewed USD weakness and thinning liquidity shape cautious trading conditions.
Bitcoin is setting up for a potential Santa Rally as bullish derivatives positioning, strong technical signals, and holiday liquidity point toward a $100K breakout.
The New Zealand dollar surged against the US dollar, but NZD/USD remains stuck in a tight range where short-term volatility favors range traders.
The British pound strengthened against the US dollar on Monday, but GBP/USD is nearing major resistance where the rally may pause unless broader dollar selling accelerates.
USD/JPY pulled back early in the week, but strong yield spreads continue to favor the US dollar despite short-term consolidation.
AUD/USD moved higher on Monday, but the 0.67 level remains a key ceiling as low holiday liquidity favors consolidation over a breakout.
The S&P 500 is gaining momentum into year-end, with a Santa Claus rally lifting prices toward fresh record highs.
Stiff competition and high debt levels counter the improved outlook following its latest earnings release. Should you disembark from Carnival?
A solid rally appears to discount medium-term issues, while valuations are high and downside risks are mounting. Is it time to check out of Airbnb?
A worsening debt-to-asset ratio amid surging long-term debt, high valuations, and concerns over forward EPS growth are bearish developments. How strong is resistance to Waste Management?
Tesla remains bullish in early Monday trading, with strong dip-buying interest and a likely breakout above the $500 level ahead.
USD/CAD remains range-bound near 1.3750 as holiday conditions, shrinking rate differentials, and low liquidity favor short-term consolidation.
USD/ZAR remains under pressure as attractive carry returns and commodity tailwinds favor the South African rand, making rallies selling opportunities.
USD/CHF continues to defend the 0.79 floor, with SNB sensitivity and thin holiday liquidity favoring short-term bullish bounce trades.
EUR/JPY continues to push higher as yen fundamentals deteriorate, with thin year-end liquidity and BoJ limitations supporting further bullish momentum.
