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.
A dismal average return on invested capital, sub-standard annual revenue gains, and insider selling raise red flags. What’s next after a double breakdown in Global Life?
A robust core business, superb free cash flow margins, and industry-leading earnings-per-share growth power a bullish case. More upside ahead for DexCom?
The South African Rand has seen another month of very solid bearish momentum continue in December, as the New Year gets ready to start speculators will wonder if the trend can remain strong.
The NZD/USD is trading within sight of the 0.58100 ratio as holiday trading dominates the Forex market and large financial players are absent from the landscape.
This is turning out to be a massive engulfing bearish candlestick that could create more selling, and if we drop below $70, I think things could get ugly quickly.
The 0.79 level is an area that we’ve been watching for a while here, and it’s acted like a basement, for the market.
For me, the 1.1875 level tells me everything. If we break above there, then the Euro continues towards 1.20 and beyond.
Morgan Stanley just reiterated that they expect data centers to continue to demand Nvidia hardware, and as a result, the AI scenario is still very bullish.
The USD/BRL finished yesterday’s trading slightly above the 5.5700 ratio, as holiday trading hits what is historically a low volume currency pair to begin with as speculators look for opportunities, but likely struggle to find any.
I think right now we’re looking at a market that’s going to bounce around between maybe 154.50 and 158 Yen.
Expanding free cash flow margins, rising monthly active platform users, and an accelerated push into autonomous vehicles hail bullish catalysts. Should you buy the correction in Uber?
The US dollar has rallied against the Canadian dollar on Monday in what is probably best described as a bit of an oversold condition. If we recover, we will see the US dollar rally against many other currencies at the same time.
The resistant area at around $0.6720 may be producing a bearish reversal, which could lead to a buying opportunity after a deep retracement.
Gold dropped rather quickly during the trading session on Monday, as it looks like the chaos in the silver market is starting to influence what is going on over here as well.
The Euro pulled back a bit during the trading session on Monday against the Japanese yen, as we continue to see a lot of noisy overall trading behavior.
