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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 EUR/USD pair rally during the day, but gave back about half of the gains to form a shooting star like candle.
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The US dollar tried to rally against the Japanese yen initially, breaking above the 113 handle.
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The WTI Crude Oil market has rallied significantly during the day on Friday, using the $55 level as support.
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The S&P 500 fell a bit during the trading session on Friday, as we continue to grind back and forth.
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Check out the USD/JPY Forex signal for November 20, 2017 here.
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Get the USD/CAD Forex signal for November 20, 2017 here.
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Get the GBP/USD Forex signal for November 20, 2017 here.
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Get the EUR/USD Forex signal for November 20, 2017 here.
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Gold prices settled at $1294.12 an ounce on Friday, rising 1.5% on the week, as a weaker U.S. dollar index and declines across global equity markets generated demand for the precious metal.
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Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of November 20, 2017.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 20, 2017.
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Get the Forex forecast for the week of November 20, 2017 featuring which pairs to pay close attention to during the week.
Technical Analysis
The EUR/USD pair fell during the trading session on Thursday, as we continue to see quite a bit of volatility.
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The WTI Crude Oil market continues to dance around the $55 level, finding support at that level.
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