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 US dollar has been very volatile against the Japanese yen during February trading, dropping down as low as 106 before rallying a bit.
The British pound continues to grind away against the US dollar, and as I write this article, we are currently hovering just above the 1.39 level.
The Australian dollar initially rally during the month, but as you can see has rolled over several times during February trading.
The US dollar has rallied significantly during the February session, capturing a lot of the losses that we had seen previously.
Get the NZD/USD Forex signal for February 28, 2018 here.
Get the AUD/USD Forex signal for February 28, 2018 here.
Get the BTC/USD Forex signal for February 28, 2018 here.
Get the USD/JPY Forex signal for February 28, 2018 here.
Get the USD/CAD Forex signal for February 28, 2018 here.
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Get the GBP/USD Forex signal for February 28, 2018 here.
Get the EUR/USD Forex signal for February 28, 2018 here.
Gold prices fell $14.16 an ounce on Tuesday, weighed down by a rally in the U.S. dollar following Federal Reserve Chairman Jerome Powell’s testimony before the House Financial Services Committee.
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Bitcoin markets rallied a bit during the trading session on Tuesday, breaking well above the $10,500 level, and it looks like we may make another attempt at the $12,000 level.
The US dollar has rallied during the trading session on Monday, breaking above the 107.5 level at one point, and reaching higher towards the 108 level.