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 USD/JPY pair broke higher during the course of the session on Wednesday, testing the 120 level. This is an area where we would anticipate seeing quite a bit of resistance though, so having said that I feel that a pullback could be coming.
Gold prices ended Wednesday's session up 0.98%, or $12.10, to settle at $1209.42 an ounce as the bulls gained some strength after the ADP private jobs data fell short of market forecasts.
According to the analyses of the EUR/USD and AUD/USD, trader profited on a binary options platform. See how here for December 3, 2014.
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Facebook Inc. (NASDAQ:FB)’s new privacy updates seem to be upsetting users, with many resorting to posting a hoax privacy notice on their walls.
DigitalTangible currently manages the world’s first Bitcoin/precious metal exchange. It allows consumers to use Bitcoins to buy these metals online, with the users identified through block chains.
Get the USD/JPY Forex signal for December 3, 2014 here.
Check out the GBP/USD Forex signal for December 3, 2014
Check out the EUR/USD Forex signal for December 3, 2014 here.
The EUR/USD pair fell yet again during the session on Tuesday, as we continue to see bearishness in the market overall. We believe that the 1.2350 level should offer significant support, but it is only a matter of time before we continue to go much lower.
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The AUD/USD pair initially tried to rally during the session on Tuesday, but it ended up declining after a weaker than anticipated Australian GDP report.
Gold prices closed lower on Tuesday, giving back a portion of the previous day’s gains but holding ground above $1191 an ounce.
McDonald's Corporation (NYSE:MCD) continues to affirm its support for kid’s nutrition with the introduction of a fresh whole side option that specifically targets families.
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Get the USD/CAD Forex signal for December 2, 2014 here.
Get the USD/JPY Forex signal for December 2, 2014 here.