The US dollar has initially pulled back a bit against the Japanese yen but turned around to show signs of strength and break above the 106 level.
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
The WTI Crude Oil market rallied a bit during the day on Monday, breaking the top of the hammer from both Friday and Thursday of last week, so it shows signs of significant strength above that could cause a bounce to the $64 level.
The S&P 500 initially fell during trading on Monday, but as we had formed a nice-looking hammer on Friday, it was obvious that the buyers were ready to come back.
Top Forex Brokers
Get the BTC/USD Forex signal for March 6, 2018 here.
Get the USD/JPY Forex signal for March 6, 2018 here.
Get the USD/CAD Forex signal for March 6, 2018 here.
Get the GBP/USD Forex signal for March 6, 2018 here.
Get the EUR/USD Forex signal for March 6, 2018 here.
Gold prices ended Monday’s session down $3.33 an ounce as waning risk aversion in the marketplace dented demand for the safe-haven assets.
Bonuses & Promotions
Get the NZD/USD Forex signal for March 5, 2018 here.
Get the AUD/USD Forex signal for March 5, 2018 here.
Get the BTC/USD Forex signal for March 5, 2018 here.
The EUR/USD pair fell initially on Friday but found enough support near the 1.2250 level to turn around and rally significantly.
Bitcoin markets when higher on Friday, reaching towards the $11,050 level.
The US dollar fell during most of the session on Friday, as traders continue to worry about tariffs coming out of the United States.