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.
The S&P 500 initially fell during the day on Wednesday, but as Janet Yellen testified front of Congress, the market took off to the upside. The NASDAQ 100 initially dipped as well, but just like the S&P 500, and it up going much higher.
The WTI Crude Oil market initially rally during the day on Wednesday, but continues to show quite a bit of volatility. The natural gas markets rally during the day on Wednesday but turned around to form a shooting star as the $3 level offered far too much in the way of resistance.
The US dollar initially rallied against the Japanese yen but found the 115 level to be far too resistive to continue going higher. The AUD/USD pair initially fell on Tuesday, but turned around to make a large moved to the upside.
Gold prices rose on Wednesday after choppy trading session.
Get the NZD/USD Forex Signal for February 15, 2017 here.
Get the AUD/USD Forex Signal for February 15, 2017 here.
Get the USD/JPY Forex signal for February 15, 2017 here.
Get the USD/CAD Forex signal for February 15, 2017 here.
Get the USD/CHF Forex signal for February 15, 2017 here.
Get the GBP/USD Forex signal for February 15, 2017 here.
Get the EUR/USD Forex signal for February 15, 2017 here.
The EUR/USD pair initially tried to rally during the day on Tuesday, but found enough resistance above the turn things back around and form a shooting star. The British pound fell slightly during the day on Tuesday, as we continue to bounce around the 1.25 level.
The USD/JPY pair initially fell on Tuesday but found enough support during the Janet Yellen speech in front of Congress to continue to go higher. The Aussie went back and forth during the day, showing volatility yet again.
The WTI Crude Oil market rallied significantly during the day on Tuesday, bouncing off the $53 level. The natural gas markets initially tried to rally during the day on Tuesday, but then turned around to form a negative candle.
The S&P 500 initially fell on Tuesday, but turned around to form a very positive candle. The NASDAQ 100 initially fell on Tuesday as well, but bounced enough to form a hammer.
