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.
The US dollar initially tried to rally during the trading session on Monday, but rolled over to essentially go slightly negative. The New Zealand dollar initially tried to rally on Monday also, but rolled over to form a shooting star.
The S&P 500 rallied slightly during the trading session on Monday, breaking towards the 2700 level. The NASDAQ 100 has broken above the 6500 level during the trading session on Monday, as we reach towards the top of the ascending channel.
Gold prices rose $6.91 on Monday as a retreat in the dollar took some pressure off the precious metal.
Get the NZD/USD Forex signal for December 18, 2017 here.
Get the AUD/USD Forex signal for December 18, 2017 here.
Get the USD/JPY Forex signal for December 18, 2017 here.
Get the BTC/USD Forex signal for December 18, 2017 here.
Get the USD/CAD Forex signal for December 18, 2017 here.
Get the GBP/USD Forex signal for December 18, 2017 here.
Get the EUR/USD Forex signal for December 18, 2017 here.
The EUR/USD pair initially tried to rally during the trading session on Friday, but turned around to form a negative candle.
The S&P 500 rallied during the trading session on Friday, as word got out that it looks likely for tax reform to pass.
The US dollar initially fell against the Japanese yen during the trading session on Friday, but found the 112-level supportive enough
The WTI Crude Oil market rallied a bit during the trading session on Friday, breaking above the top of the hammer from the previous session.
Gold prices ended the week up $7.67 at $1255.35 an ounce, snapping a three-week losing streak, as a retreat in the dollar sparked some short-side profit taking.
