The WTI Crude Oil market initially tried to rally during the trading session on Tuesday, but have rolled over since then, forming a shooting star that sits on top of support.
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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 has been very volatile during the trading session on Tuesday, but that’s a good thing: as we have seen the markets stabilize.
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The US dollar has been very volatile during the trading session on Tuesday, testing the 108.50 level for support, and then bouncing.
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Bitcoin markets fell during the trading session on Tuesday, breaking down to the $6000 handle. This was an area that had been targeted previously, going back several months.
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Get the USD/JPY Forex signal for February 7, 2018 here.
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Get the USD/CAD Forex signal for February 7, 2018 here.
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Get the GBP/USD Forex signal for February 7, 2018 here.
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Check out our EUR/USD Forex signal for February 7, 2018 here.
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Gold prices fell $13.72 an ounce on Tuesday as strength in the U.S. dollar and a recovery in stock markets weighed on the market.
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Get the BTC/USD Forex signal for February 6, 2018 here.
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The EUR gap lower at the open on Monday, turned around to fill that gap, and has rolled over to show signs of exhaustion.
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The WTI Crude Oil market fell significantly during the session on Monday, dropping 2%.
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The US dollar has fallen significantly against the Japanese yen on Monday, reaching down towards the 109 handle.
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If I was to draw a chart of a bubble popping, the BTC/USD pair is a prime example. During the session on Monday, we broke the 8000 level, and briefly broke the 7000 level.
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The S&P 500 imploded during the trading session on Monday, slicing through the 2700 level like it didn’t even exist.
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