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 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.
The EUR/USD pair initially fell on Wednesday, but found support near the 1.0550 level.
The USD/JPY pair broke higher during the course of the session on Wednesday as we continue to grind and wait to the upside.
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Get the EUR/USD Forex Signal for December 3, 2015 here.
Gold prices ended Wednesday's session down $15.92, to settle at $1053.44 an ounce, pressured by the dollar's rally after hawkish comments Federal Reserve Chair Janet Yellen backed the case for a lift-off in rates before the end of the year.
Get the NZD/USD Forex Signal for December 2, 2015 here.
Get the AUD/USD Forex Signal for December 2, 2015 here.
Get the USD/JPY Forex Signal for December 2, 2015 here.
Get the USD/CAD Forex Signal for December 2, 2015 here.
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Get the USD/CHF Forex Signal for December 2, 2015 here.
Get the GBP/USD Forex Signal for December 2, 2015 here.
Get the EUR/USD Forex Signal for December 2, 2015 here.
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Sign up to get the latest market updates and free signals directly to your inbox.The EUR/USD pair broke higher during the course of the day on Tuesday, clearing the 1.06 handle by the time we closed out the American trading session.
CAD/CHF is a pair that a lot of you probably don’t pay attention to, but we actually like this one as it features two major currencies, and it is a bit of a “backdoor” play on those currencies.
The GBP/AUD pair initially tried to rally during the day on Tuesday, but gained very little before turning back around and falling significantly.