Gold prices ended Thursday's session up 0.75%, or $8.88, to settle at $1198.03 an ounce. The XAU/USD pair tested the $1212 level but encountered resistance and dropped back below $1203 once again.
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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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A Bitcoin exchange in the Philippines, Coins.ph has just added an instant remittance service to its list of its options, allowing users to withdraw, remit and send money directly from a bank’s ATM using this service.
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EBay Inc. (NASDAQ:EBAY) is working to ensure its same-day delivery system works efficiently and reliably this holiday season.
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The EUR/USD pair fell hard during the course of the session on Wednesday, breaking the bottom of the shooting star that form perfectly at the 1.25 level on Tuesday.
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The GBP/USD pair broke down during the course of the session on Wednesday, but we remain above the 1.55 handle.
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The USD/JPY pair broke higher during the course of the session on Wednesday, clearing the top of the hammer that had formed on Tuesday.
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The EUR/JPY pair fell during the course of the day on Wednesday, but found support near the 145 level for the second day in a row. The resulting bullish action send this market much higher and ended up forming a hammer.
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The EUR/CAD pair is one that many of you will ignore. You do so at your own peril though because it does tend to trade much like the EUR/USD pair, but also has the added significance of a simple “Europe versus North America” play.
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Get the USD/JPY Forex signal for December 18, 2014 here.
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Get the GBP/USD Forex signal for December 18, 2014 here.
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Get the EUR/USD Forex signal for December 18, 2014 here.
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The XAU/USD pair fell to its lowest level in two weeks as a rally in U.S. equities and a stronger dollar dim gold’s appeal.
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Microsoft Corporation (NASDAQ:MSFT) is not planning to unveil any flagship Windows Phone at next year’s MWC conference, which will take place in Barcelona from March 2 to March 5.
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Major magazine publisher Time Inc. just announced a partnership with Coinbase that will enable readers to pay for their subscriptions in Bitcoin.
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Check out the USD/JPY Forex signal for December 17, 2014 here.
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