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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As it is the holiday season, we can expect a significantly quieter week than last week and recent days prior to that. Get the economic and political calendar for the popular currencies for the week of December 21, 2015 here.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 21, 2015.
Stay up to date for the trading week ahead with our Forex forecast for major currency pairs for the week of December 21, 2015.
The EUR/USD pair initially tried to rally during the session on Thursday but then turned back around and fell to the 1.08 level.
The USD/CAD pair broke higher during the course of the session on Thursday, clearing the top of the shooting star from the Wednesday session.
The GBP/USD pair initially tried to rally during the course of the day on Thursday, but as you can see found more than enough resistance of the 1.50 level to turn things back around and fall significantly.
Gold prices sank 2% and closed at a fresh six-year low on Thursday as strength in the dollar weighed on the market and drew investors away from the precious metal.
Get the NZD/USD Forex Signal for December 17, 2015.
Get the AUD/USD Forex Signal for December 17, 2015.
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Get the USD/JPY Forex Signal for December 17, 2015.
The USD/CAD pair rose during the course of the session on Wednesday, testing the 1.3850 level. However, by the time the day ended we ended up pulling back in forming a bit of a shooting star.
The EUR/CHF pair fell rather significantly during the course of the session on Wednesday, but as we have seen several times, the market bounced near the 1.0750 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The USD/JPY pair initially fell during the course of the day on Wednesday, but found enough support near the 121.25 level to turn things around and bounce much higher.
The USD/CHF pair is a market that has very recently gone underneath the radar of most traders. We have no idea why, because it is showing very clear technical levels, which of course makes it much easier to trade than many other markets.
Get the USD/CAD Forex Signal for December 17, 2015.