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 EUR/USD pair has been very noisy during the trading session on Friday, but ultimately we ended up forming a bit of a hammer, perhaps even a neutral candle. he British pound went back and forth during the day, finding the 1.35 level to be far too resistive.
he WTI Crude Oil market rallied significantly during the trading session on Friday, reaching towards the $59 level. The natural gas markets rallied during the trading session, turning around to form a shooting star.
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Get the USD/CAD Forex Signal for December 4, 2017 here.
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Get the EUR/USD Forex Signal for December 4, 2017 here.
Gold prices settled at $1279.89 an ounce on Friday, suffering a loss of 0.69% on the week but making a gain of 0.32% over the month.
Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of December 4 , 2017.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 4, 2017.
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Get the Forex forecast for the week of December 5, 2017 featuring which pairs to pay close attention to during the week.
The EUR/USD pair initially fell during the trading session on Thursday, but found enough buying pressure near the 1.18 level to turn around and rally.
The S&P 500 rallied again during the trading session on Thursday, slicing through the 2650 level but pulling back towards the end of the day.
The US dollar rallied significantly during the trading session on Thursday, breaking above the vital 112 level.
The WTI Crude Oil market was very noisy during the trading session on Thursday, as we bounced around the $57.50 level.
Gold prices fell $9.14 an ounce on Thursday, weighed down by recent gains in stocks.