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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 Euro pulled back slightly during the trading session on Friday but then shot higher after the jobs number was just slightly disappointing.
The US dollar fell a bit against the Mexican peso on Friday after the jobs report was released.
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The US dollar bounced around against the Japanese yen during Friday’s trading session, but after the jobs number came out it seems as if most traders simply went home.
The S&P 500 broke down a bit during the day on Friday, reaching towards the 2650 handle and even slicing below it just a bit.
The WTI Crude Oil market went back and forth during trading on Friday, as OPEC then announced a production cut.
Gold prices ended Friday’s session up $11.09 an ounce as the dollar slid in the wake of weaker-than-expected U.S. jobs data.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 9, 2018 here.