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 USD/JPY pair fell significantly during the day on Monday, testing the 118.50 level.
The British pound had a very volatile session during the day as well, as we went back and forth and ultimately settled on a slightly bearish candle.
The EUR/USD pair had a very volatile day during the day on Monday, going back and forth during the trading session
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During the session on Monday, the S&P 500 sold off rather drastically, slicing through the 2000 level at one point. The NASDAQ 100 did almost the exact same thing during the day, only replacing 2000 with 4500.
The WTI market initially trying to rally during the course of the day on Monday, mainly in reaction to the tensions between the Saudi Arabian government and the Iranians. The natural gas markets had a very volatile session on Monday as well, falling straight down during the day.
Gold prices rose on the first day of trading in 2016 as a sell-off in global equities burnished the metal's safe-haven appeal.
Get the NZD/USD Forex Signal for January 4, 2016.
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Get the USD/JPY Forex Signal for January 4, 2016.
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Get the USD/CAD Forex Signal for January 4, 2016.
Get the USD/CHF Forex Signal for January 4, 2015.
Get the GBP/USD Forex Signal for January 4, 2016.
Get the EUR/USD Forex Signal for January 4, 2016.
During the session on Thursday, the USD/CAD pair initially tried to rally during the day, but turned back around in order to form a relatively negative candle.
The EUR/USD pair fell during the session on Thursday as we continue to grind away in the previous consolidation region.