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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Gold prices ended Wednesday’s session down $2.89 an ounce as strength in the U.S. dollar and a recovery in stock markets weighed on the market.
Get the NZD/USD Forex signal for December 6, 2017 here.
Get the AUD/USD Forex signal for December 6, 2017 here.
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Get the BTC/USD Forex signal for December 6, 2017 here.
The EUR/USD pair gapped lower initially during the trading session on Tuesday, reaching down towards the 1.18 handle.
The S&P 500 initially tried to rally during the trading session on Tuesday, but found enough resistance at the 2650 level to turn around and form a shooting star, which of course is a very negative sign.
The US dollar tried to rally during most of the session, but found enough resistance above to turn things around and form a shooting star.
The WTI Crude Oil market went back and forth during the trading session on Tuesday, as we are struggling to keep momentum.
Get the USD/JPY Forex signal for December 6, 2017 here.
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Get the USD/CAD Forex signal for December 6, 2017 here.
Get the GBP/USD Forex signal for December 6, 2017 here.
Get the EUR/USD Forex signal for December 6, 2017 here.
Gold prices dropped $10.34 an ounce on Tuesday as a stronger U.S. dollar and technical selling pressure continued to weigh on the market.
Get the NZD/USD Forex signal for December 5, 2017 here.
Get the AUD/USD Forex signal for December 5, 2017 here.