Get the USD/CHF Forex signal for December 8, 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 GBP/USD Forex signal for December 8, 2016 here.
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Get the EUR/USD Forex signal for December 8, 2016 here.
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The WTI Crude Oil market had a very negative candle form for the Wednesday session, testing the $50 handle. The natural gas markets initially tried to rally but look very overextended at this point, as we ended up forming a shooting star.
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The S&P 500 broke out to the upside on Wednesday, as we continue to see buyers enter this market. The NASDAQ 100 initially fell on Wednesday, but turned around to find quite a bit of bullish pressure as we smashed through the 4800 level.
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The EUR/USD pair rallied during the day on Wednesday, as we continue to see a lot of noise in this market. The British pound fell on Wednesday, as we are starting to see a significant amount of “pushback” at the 50% Fibonacci retracement level.
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The USD/JPY pair went back and forth on Wednesday as we continue to grind around the 113.50 level. The Australian dollar initially fell on Wednesday, as we dropped all the way down to close to the 0.74 handle.
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Get the NZD/USD Forex signal for December 7, 2016 here.
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Get the AUD/USD Forex signal for December 7, 2016 here.
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Get the USD/JPY Forex signal for December 7, 2016 here.
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Get the USD/CAD Forex signal for December 7, 2016 here.
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Get the USD/CHF Forex signal for December 7, 2016 here.
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Get the GBP/USD Forex signal for December 7, 2016 here.
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Get the EUR/USD Forex signal for December 7, 2016 here.
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The euro initially tried to rally on Tuesday but turned around as the 1.08 level has offered resistance. The British pound initially tried to rally during the day but turned around to form a resistive candle.
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