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 US dollar has bounced a slightly during the trading session on Friday, as traders are focusing more on the holidays than anything else,
The S&P 500 fell again during the trading session on Friday, testing the 2400 level.
The US dollar popped a bit on Friday and retested a major support level for resistance in the form of 20 pesos.
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The WTI Crude Oil market fell again on Friday, testing the $45 level for support.
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The Euro broke higher during the trading session on Thursday, slicing through the shooting star that formed during the trading session on Wednesday.
The WTI Crude Oil market broke down a bit further during the trading session on Thursday, after gapping lower at the open.
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The US dollar broke down significantly during the trading session on Thursday, as the market digests several different things going on at one time.
The US dollar has broken down significantly during the trading session against most currencies around the world on Thursday, and of course the Mexican peso wasn’t any different.
The S&P 500 fell hard again during the trading session on Thursday, in a continuation of massive selling pressure that we have seen over the last several weeks.
Gold prices advanced to their highest level in nearly six months on Thursday after losses across global stocks and a pullback in the dollar pushed investors into safe-haven assets.
Get the NZD/USD Forex signal for December 20, 2018 here.
Get the AUD/USD Forex signal for December 20, 2018 here.