The WTI market initially trying to rally during the course of the day on Monday, mainly in reaction to the tensions between the Saudi Arabian government and the Iranians. The natural gas markets had a very volatile session on Monday as well, falling straight down during the day.
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 rose on the first day of trading in 2016 as a sell-off in global equities burnished the metal's safe-haven appeal.
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Get the AUD/USD Forex Signal for January 4, 2016.
Get the USD/JPY Forex Signal for January 4, 2016.
Get the USD/CAD Forex Signal for January 4, 2016.
Get the USD/CHF Forex Signal for January 4, 2015.
Get the GBP/USD Forex Signal for January 4, 2016.
Get the EUR/USD Forex Signal for January 4, 2016.
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During the session on Thursday, the USD/CAD pair initially tried to rally during the day, but turned back around in order to form a relatively negative candle.
The EUR/USD pair fell during the session on Thursday as we continue to grind away in the previous consolidation region.
The GBP/USD pair fell significantly during the course of the session on Thursday, as we continue to make new lows.
Check out our newest trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of January 4, 2016 here.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of January 4, 2016.
Stay up to date for the trading year ahead with our Forex forecast for the USD/JPY pair.