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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 EUR/USD pair rallied again on Friday, breaking above the 1.19 level. We now look as if we are ready to go looking towards the 1.21 handle again, which was the recent highs.
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The S&P 500 initially pulled back on Friday, but then broke above the 2600 level.
The US dollar rallied against the Japanese yen during the trading session on Friday, but this would have been relatively light volume.
The WTI Crude Oil market initially fell on Friday, but turned around to rally yet again as we approach the $59 level. Natural gas markets broke down significantly again on Friday, slicing through the $2.85 level.
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Gold prices settled at $1288.31 an ounce on Friday, suffering a loss of 0.29% on the week, as strength in global equities curbed appetite for the safe-haven metal.
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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 November 27, 2017.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of November 27, 2017.
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Gold prices ended Thursday’s session nearly unchanged, taking a breather after jumping 0.9% the previous day.