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 went back and forth during the course of the session on Monday, as the 121 level continues to be a bit of a magnet for price.
The USD/CAD pair went back and forth during the course of the Monday trading session, but quite frankly we don’t see much in the way of bearish pressure.
The EUR/USD pair rallied during the day on Monday, using the 1.08 level as support.
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Get the GBP/USD Forex Signal for December 21, 2015.
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The EUR/USD pair initially fell during the course of the session on Friday, but found quite a bit of support at the 1.08 level to turn things back around and form a bit of a hammer.
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Sign up to get the latest market updates and free signals directly to your inbox.The GBP/USD pair went back and forth during the day on Friday, showing a bit of hesitation to go down to even lower levels.
Gold prices settled at $1065.96 per ounce, falling nearly 0.7% over the course of the week, as the Fed's rate hike decision dulled demand for the precious metal.
Check out our newest trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of December 21, 2015 here.