The Euro fell during the day on Tuesday, reaching fresh, new lows. The British pound fell during the day on Tuesday, but found enough support near the 1.23 region to form a bit of a hammer.
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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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Gold prices ended Tuesday's session down $5.79, pushed lower by climbing stocks and a stronger dollar.
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A reader who takes note of the zones and watches to see if the price turns if and when it gets there, has a good chance to enter a low risk, high reward, profitable trade. Get our 2016 Forex signals recap for some of the major currency pairs posted daily here.
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Get the NZD/USD Forex signal for December 20, 2016 here.
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Get the AUD/USD Forex signal for December 20, 2016 here.
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Get the USD/JPY Forex signal for December 20, 2016 here.
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Get the USD/CAD Forex signal for December 20, 2016 here
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Get the USD/CHF Forex signal for December 20, 2016 here.
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Get the GBP/USD Forex signal for December 20, 2016 here.
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Get the EUR/USD Forex signal for December 20, 2016 here.
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The EUR/USD pair initially tried to rally during the session on Monday, but as you can see the 1.05 level offered quite a bit of resistance. The British pound fell on Monday, and momentarily pierced the uptrend line that had been holding the market higher for some time.
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The USD/JPY pair fell during the day on Monday, as this pair continues to be a bit overextended. The Australian dollar initially rallied on Monday, but found the 0.73 level to be far too exhausted to continue going higher.
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The WTI Crude Oil market went back and forth during the day on Monday, as we are entering one of the least liquid times of the year. The natural gas markets went back and forth during the day on Monday as we see quite a bit of volatility.
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The S&P 500 went back and forth on Monday, as the market did almost nothing. The NASDAQ 100 initially tried to rally on Monday, but turned back around to form a shooting star.
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Get the NZD/USD Forex signal for December 19, 2016 here.
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