Get the BTC/USD Forex Signal for December 4, 2017 here.
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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 has been very volatile during the Friday session, reaching as low as the 2600 level, only to bounce and form a massive hammer. The NASDAQ 100 fell as well, dropping down to the 2650 handle, but turned around to form a massive hammer.
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The US dollar was very volatile against the Japanese yen, as we broke down below the 112 level at one point during the day after it was announced that General Flynn is going to testify against the White House in the Russia probe. The Australian dollar rallied significantly during the course of the session on Friday, reaching towards the 0.7650 level, an area that has been resistive and supportive in the past.
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The EUR/USD pair has been very noisy during the trading session on Friday, but ultimately we ended up forming a bit of a hammer, perhaps even a neutral candle. he British pound went back and forth during the day, finding the 1.35 level to be far too resistive.
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he WTI Crude Oil market rallied significantly during the trading session on Friday, reaching towards the $59 level. The natural gas markets rallied during the trading session, turning around to form a shooting star.
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Get the USD/JPY Forex Signal for December 4, 2017 here.
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Get the USD/CAD Forex Signal for December 4, 2017 here.
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Check out the GBP/USD Forex Signal for December 4, 2017 here.
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Get the EUR/USD Forex Signal for December 4, 2017 here.
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Gold prices settled at $1279.89 an ounce on Friday, suffering a loss of 0.69% on the week but making a gain of 0.32% over the month.
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Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of December 4 , 2017.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of December 4, 2017.
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Get the Forex forecast for the week of December 5, 2017 featuring which pairs to pay close attention to during the week.
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The EUR/USD pair initially fell during the trading session on Thursday, but found enough buying pressure near the 1.18 level to turn around and rally.
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The S&P 500 rallied again during the trading session on Thursday, slicing through the 2650 level but pulling back towards the end of the day.
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