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.
Most Recent
Silver markets initially tried to break above the $18 level during the day on Wednesday, but then pulled back.
The EUR/USD pair fell a bit during the day on Wednesday, testing the 1.05 level. The British pound initially tried to rally during the day on Wednesday, testing the 1.25 level.
The USD/JPY pair fell initially during the day on Wednesday, but found enough support near the 112.50 level to turn things around and form a hammer. The Australian dollar tried to rally during the day but turned back around as we ran into a bit of resistance at the 0.77 handle.
The WTI Crude Oil market tried to rally on Wednesday, but gave back the gains and ended up falling all the way down to fill the gap from the previous session. The natural gas markets went back and forth on Wednesday as well, showing a lot of volatility.
The S&P 500 initially dipped on Wednesday, but continues to see buyers jump into this market. The NASDAQ 100 initially fell as well, but continues to find buyers.
Gold prices ended Wednesday’s session up $1.11 as the American dollar weakened after the release of the minutes from the most recent Federal Open Market Committee meeting.
The EUR/USD pair fell rather significantly during the day on Tuesday, as we reached towards the 1.05 level. The British pound fell initially during the day, but turned around to form a hammer.
The USD/JPY pair had a bullish session on Tuesday as we continue to see bullish pressure underneath. The Australian dollar initially fell during the day but turned around to form a hammer.
Oil markets rallied during the day on Tuesday after OPEC oil minister suggested that we should see close to 100% compliance to output production cuts. Natural gas markets fell rather significantly during the day as we sliced through the $2.75 level.
Bonuses & Promotions
The S&P 500 had a bullish session on Tuesday, as we continue to see buyers jump into the market. The NASDAQ 100 had a very quiet day, as we went back and forth but couldn’t pick up any traction.
Get the USD/CAD Forex signal for February 22, 2017 here.
Get the USD/JPY Forex signal for February 22, 2017 here.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Get the GBP/JPY Forex signal for February 22, 2017 here.
Get the EUR/GBP Forex signal for February 22, 2017 here.
Get the daily EUR/JPY Forex signal for February 22, 2017 here.