Get the USD/JPY Forex signal for December 14, 2016 here.
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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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Get the USD/CAD Forex signal for December 14, 2016 here.
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Get the GBP/USD Forex signal for December 14, 2016 here.
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Get the EUR/USD Forex signal for December 14, 2016 here.
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Gold markets had a slightly negative session on Tuesday, as we continue to bounce around the $1160 level.
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The EUR/USD pair went back and forth on Tuesday, eventually forming a relatively neutral candle. The British pound initially tried to rally on Tuesday, but yet again the 50% Fibonacci retracement level has offered quite a bit of resistance.
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The WTI Crude Oil market initially shot higher at the open on Tuesday but turned around to form a shooting star. Natural gas markets broke down below the $3.50 level, and broke below the bottom of the hammer from the Tuesday session.
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The S&P 500 broke higher during the Tuesday session as we continue to see quite a bit of buying pressure. The NASDAQ 100 finally broke out on Tuesday, as the 4900 level gave way.
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This has been a very quiet session on Tuesday in the USD/JPY pair, one that looks a bit over extended at the moment, and at this point I feel that the market needs to pull back. The Australian dollar had a choppy day during the session on Tuesday, as the 0.75 level continues offer quite a bit of resistance.
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Get the NZD/USD Forex Signal for December 13, 2016 here.
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Get the AUD/USD Forex Signal for December 13, 2016 here.
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Get the USD/JPY Forex Signal for December 13, 2016 here.
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Get the USD/CAD Forex signal for December 13, 2016 here.
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Get the USD/CHF Forex signal for December 13, 2016 here.
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Get the EUR/USD Forex signal for December 13, 2016 here.
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