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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 S&P 500 initially fell on Monday, testing the 2200 level for support. The NASDAQ 100 went back and forth during the day on Monday, as we continue to bounce around the 4850 region.
The WTI Crude Oil market initially gapped lower at the open on Monday, but then turned around to fill that gap completely. The natural gas markets rallied after initially gapping higher on Monday.
The US dollar fell initially during the day on Monday, and then turned back around to form a hammer. The Australian dollar rallied on Monday, slamming into the 0.75 region.
The EUR/USD pair initially tried to rally at the open on Monday but found quite a bit of resistance at the 1.07 level above. The British pound initially tried to rally during the Monday session but found out the 1.25 level above continues to order quite a bit of resistance into the market.
Gold prices ended Monday's session up $10.85, to settle at $1193.80 an ounce, as a drop in the U.S. dollar lent some support to the precious metal.
Gold ended the week down $23.73 at $1183.97 as the latest batch of U.S. economic data continued to support views the Federal Reserve will raise interest rates in December.
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Get the NZD/USD Forex signal for November 28, 2016 here.
Get the AUD/USD Forex signal for November 28, 2016 here.
Get the USD/JPY Forex signal for November 28, 2016 here.
Get the USD/CAD Forex signal for November 28, 2016 here.
Get the USD/CHF Forex signal for November 28, 2016 here.
Get the GBP/USD Forex signal for November 28, 2016 here.