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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Get the USD/CHF Forex signal for March 2, 2017 here.
Get the GBP/USD Forex signal for March 2, 2017 here.
Get the EUR/USD Forex signal for March 2, 2017 here.
Gold prices initially fell yesterday but rebounded well off the daily lows and closed the session slightly higher.
Get the NZD/USD Forex signal for March 1, 2017 here.
Get the AUD/USD Forex signal for March 1, 2017 here.
Get the USD/JPY Forex signal for March 1, 2017 here.
The FTSE 100 had a choppy session during session on Tuesday, but what catches my eye is the fact that we formed a hammer on both Monday and Friday from the previous week, and that the hammer used the 7200 level to bounce and show signs of life again.
The EUR/USD pair initially rallied during the day on Tuesday, but the 50-day exponential moving average has yet again offered resistance. The British pound initially rallied on Tuesday, but turned around to test the 1.24 region.
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The US dollar initially fell against the Japanese yen during the session on Tuesday but turned around to form a hammer like candle. The Australian dollar initially tried to rally during the session on Tuesday, but turned around to show signs of weakness.
The WTI Crude Oil market had a very volatile session on Tuesday, initially falling below the $53.50 level. Natural gas markets initially dipped lower during the day on Tuesday but then slammed into the $2.75 level.
The S&P 500 fell initially on Tuesday but turned around to form a hammer. The NASDAQ 100 rallied after initially falling during the day on Tuesday, showing signs of life just above the 5300 level.
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