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 XAU/USD pair posted first weekly gain in five weeks as market players started covering their short position prior to the U.S. employment data which will be released this week.
Check out the signal for the EUR/USD pair here.
Check out the signal for the GBP/USD pair here.
Check out the signal for the USD/JPY pair here.
Check out the updates for signals posted in the month of November, here.
According to the analyses of the EUR/USD and WTI Crude oil pairs, trader profited on a binary options platform. See how here.
Check out what's in store for the EUR/USD pair for the first week of December here.
Start a new month with the weekly Forex forecast of some of the major pairs here.
The GBP/CHF pair fell during the majority of the session on Thursday, but as you can see bounced enough to form a hammer which suggests to me that the 1.48 level is starting to give way to the buyers.
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The USD/CAD pair fell most of the session on Thursday, but I would not read too much into that move, simply because the Americans were away at Thanksgiving, and the Canadian simply would have done much of the same as the liquidity would have dried out of the market.
The AUD/USD pair tried to rally during the session on Thursday, as the Americans were away at Thanksgiving holiday. However, you can see that the buyers got blown out, and the market ended up forming a shooting star.
The EUR/USD pair rose during the session on Thursday, as the Americans were away on giving. However, you can see that the market did in fact get above the 1.36 handle at one point during the session, which of course was the level I needed to see this market break above in order to start going long.
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Sign up to get the latest market updates and free signals directly to your inbox.The WTI Crude Oil markets did almost nothing during the abbreviated session on Thursday, and remains just below the $92.50 handle.
The USD/JPY pair will more than likely be the place to be most of the next year or two. The reason I say this is that you will not find a more blatant example of central bank interaction than you will see in this pair.
The EUR/JPY pair has been on fire lately. Because of this, I certainly cannot advocate selling it at all, and as a result I won’t even entertain a short position – no matter how parabolic the market gets.