Bitcoin markets initially fell during the trading session on Friday but found enough support at the $8000 level to turn around and show signs of strength again.
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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 S&P 500 initially fell during the trading session on Friday yet again, but we continue to find buyers underneath and we have now seen a rebound late during the Friday session.
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The US dollar has been very volatile during the session again on Friday, forming a relatively neutral candle, perhaps even a hammer depending on how stringent you are with the definition.
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Gold ended the week down $15.55 at $1316.14 an ounce, recoding a second consecutive weekly loss, as the dollar’s rebound from multi-year lows weighed on the precious metal.
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Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of February 12, 2018.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 12, 2018.
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The US Dollar gains stopped, hence, the gold got a chance to achieve more gains
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The EUR/USD pair went back and forth during the trading session on Thursday, ultimately forming a somewhat neutral candle.
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The WTI Crude Oil market fell over during the trading session on Thursday, slicing through an uptrend line that has been keeping this market higher for months.
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The S&P 500 has initially tried to rally during the trading session on Thursday, as we had trying to form a rally on Wednesday.
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The US dollar has initially tried to rally during the day on Thursday, but we have rolled over against the Japanese yen again as we are testing the 108.50 level.
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The Bitcoin market has rallied a bit during the trading session on Thursday, reaching towards the top of the shooting star from Wednesday.
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The EUR/USD pair has broken down during the trading session on Tuesday, slicing through the 1.23 level.
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Bitcoin markets have gone back and forth during the trading session, showing signs of strength again.
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