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 S&P 500 initially fell during the trading session on Thursday, but found enough support at the short-term uptrend line to rally a bit.
The US dollar rallied significantly against the Japanese yen during the trading session on Thursday, smashing into the 113 handle.
The WTI Crude Oil market bounced slightly during the trading session on Thursday as we continue to see volatility in the crude oil complex.
Top Forex Brokers
Gold prices dropped nearly 1.3% on Thursday to settle at their lowest level since July 21 as a broad selloff in commodities and a stronger dollar pulled the market down.
Get the NZD/USD Forex signal for December 7, 2017 here.
Get the AUD/USD Forex signal for December 7, 2017 here.
Get the BTC/USD Forex signal for December 7, 2017 here.
Get the USD/JPY Forex signal for December 7, 2017 here.
Get the USD/CAD Forex signal for December 7, 2017 here.
Bonuses & Promotions
Get the GBP/USD Forex signal for December 7, 2017 here.
Get the EUR/USD Forex signal for December 7, 2017 here.
The EUR/USD pair initially tried to rally during the trading session on Thursday, but then rolled over to break slightly below the 1.18 level.
The S&P 500 initially fell on Wednesday, testing the 2625 handle for support, but we turned around to bounce and form a hammer during the day.
With a weaker than anticipated inventory number, the WTI Crude Oil market rolled over, and of course the lack of demand is very negative.
The US dollar initially tried to rally during the trading session on Wednesday, but then fell towards the 112 level.