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 December 7, 2015 here.
Technical Analysis
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 Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 7, 2015.
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Stay up to date for the trading week ahead with our Forex forecast for major currency pairs for the week of December 7, 2015.
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Gold prices settled higher on Thursday, recouping some of the recent losses, as the weakness in the dollar and equities markets lured some investors back into the market.
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The EUR/USD had a remarkable session on Thursday, reaching over for handles at one point.
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The USD/JPY pair fell significantly during the course of the day on Thursday, testing the 122 handle.
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The GBP/AUD pair had a pretty volatile session during the day on Thursday, testing the 2.05 level for support.
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Get the NZD/USD Forex Signal for December 3, 2015 here.
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Get the AUD/USD Forex Signal for December 3, 2015 here.
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Get the USD/JPY Forex Signal for December 3, 2015 here.
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Get the USD/CAD Forex Signal for December 3, 2015 here.
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Get the USD/CHF Forex Signal for December 3, 2015 here.
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Get the GBP/USD Forex Signal for December 3, 2015 here.
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The GBP/USD pair broke down during the session on Wednesday, as the market looks very soft.
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The TRY/JPY pair initially tried to rally during the course of the day on Wednesday, but found far too much in the way of resistance at the 50% Fibonacci retracement level in order to continue going higher.
Technical Analysis