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 USD/JPY pair continues to grind sideways overall as the 118.50 level has offered significant support.
The GBP/USD pair has fallen quite a bit over the last several weeks if not months, and as a result I believe that we will continue to drop from here and reach towards the 1.45 level given enough time.
Get the USD/CAD Forex Signal for December 31, 2015.
Get the USD/CHF Forex Signal for December 31, 2015.
Get the GBP/USD Forex Signal for December 31, 2015.
Get the EUR/USD Forex Signal for December 31, 2015.
The NZD/CHF pair fell during the day on Wednesday, but most certainly there is going to be a lack of liquidity in this market.
The USD/JPY pair bounced slightly during the day on Wednesday, but having said that it appears that the market isn’t quite ready to move.
The CAD/JPY pair fell slightly during the course of the session on Wednesday as we continue to consolidate in what most certainly would be thin trading.
The USD/CAD pair has been rallying for some time, and we did recently break above the 1.30 level which was essentially the end of the downtrend.
The GBP/USD pair initially fell during the day on Wednesday, but bounced enough to form a little bit of a hammer above the 1.48 handle.
Gold prices dropped nearly 10.5% this year as market players flocked to the greenback on prospects for higher U.S. borrowing costs.
Get the NZD/USD Forex Signal for December 30, 2015.
Get the AUD/USD Forex Signal for December 30, 2015.
Get the USD/JPY Forex Signal for December 30, 2015.