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.
Forex Daily Forecast, Analysis and Prediction
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Forex Daily Forecast, Analysis and Prediction
The S&P 500 rallied a bit during the trading session initially on Tuesday but gave back all of the gains as we continue to see selling pressure.
The WTI market finally broke down through the $50 level significantly, and it looks as if we are ready to go much lower.
Gold prices ended Tuesday’s session up $3.42 an ounce as the dollar fell on expectations that the U.S. central bank will ease up on interest rate hikes next year.
Get the NZD/USD Forex signal for December 18, 2018 here.
Get the AUD/USD Forex signal for December 18, 2018 here.
Get the USD/JPY Forex signal for December 18, 2018 here.
Get the BTC/USD Forex signal for December 18, 2018 here.
Get the USD/CAD Forex signal for December 18, 2018 here.
Get the USD/CHF Forex Signal for December 18, 2018 here.
Get the GBP/USD Forex signal for December 18, 2018 here.
Get the EUR/USD Forex signal for December 18, 2018 here.
The Euro rallied a bit during the trading session on Monday but is still within consolidation.
Bitcoin rallied significantly during the trading session on Monday, showing signs of strength based upon the candlestick.
The S&P 500 initially tried to rally during the trading session on Monday but was rejected and pushed below the 2600 level.
The US dollar initially tried to rally to kick off the week, but then rolled over to break down significantly.