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 British pound went back and forth over the last couple of weeks in November, but the one thing that you can see is that we are clearly pressing against major support underneath at the 1.27 level.
The British pound has broken down during the course of the month of November as the British pound continues to struggle.
The Australian dollar measured against the Swiss franc is a major way to express your risk appetite of global assets.
The US dollar has been rallying against the Canadian dollar as of late, reaching as high as 1.3250 late in November.
Gold prices settled at $1221.97 an ounce on Friday, suffering a loss of 0.12% on the week but making a gain of 0.57% over the month.
Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of December 2, 2018.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 2, 2018 here.
Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of December 2, 2018 here.
Gold prices ended Thursday’s session up $2.99 an ounce as the dollar fell on expectations that the U.S. central bank will go slow on interest rate hikes next year.
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The Euro initially tried to rally during most of the session on Thursday but found enough resistance at the 1.14 level to roll over slightly.
Bitcoin markets tried to rally initially during the trading session on Thursday, but as you can see the area that I have marked on the chart has offered resistance at roughly $4500,
The S&P 500 initially pulled back during the trading session on Thursday but then turned around to slam into the 2750 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The WTI Crude Oil market initially pulled back during the trading session on Thursday but found enough support just below the $50 level to turn things around.
The US dollar has fallen during most of the session on Thursday but saw a resurgence later in the day against the Japanese yen.
Get the NZD/USD Forex signal for November 29, 2018 here.