Get the EUR/GBP Forex signal for February 22, 2017 here.
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 daily EUR/JPY Forex signal for February 22, 2017 here.
Gold prices ended a choppy trading session on the downside Tuesday.
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The USD/CHF pair tested the resistance zone at around the 1.0110 level last week as the dollar strengthened on the back of better-than-expected economic data.
Gold prices ended slightly higher Monday but the trading range was relatively tight as the U.S. markets were closed for a public holiday.
The Nikkei 225 fell initially on Friday but found enough support at the ¥19,000 region to turn around and form a hammer.
The EUR/USD pair fell from the 50-day exponential moving average on Friday, showing signs of exhaustion. The British pound fell during the day on Friday, testing the 1.24 level.
The S&P 500 markets will be closed on Monday due to the President's Day holiday. The NASDAQ 100 not only bounced during the day on Friday, but it also formed a fresh, new high.
The WTI Crude Oil market fell initially during the day on Friday, but turned around to form a bit of a hammer. The natural gas markets rallied on Friday, but gave back all the gains to form a shooting star.
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The USD/JPY pair initially fell during the day on Friday, but found enough support at the 112.50 level to turn things around to form a hammer. The Australian dollar initially tried to rally on Friday but turned around to form a very negative candle.
Gold prices fell $4.14 on Friday, giving up most of the gains made in the previous session, and closed the week $1235.12 an ounce.
Get our trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for the week of February 20, 2017.
There will be a slightly heavier news schedule this week, compared to last week which was very light.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 20, 2017.
Check out the Forex forecast focusing on some of the major currency pairs for the week of February 20, 2017 here.