Get the USD/CAD Forex Signal for February 23, 2016.
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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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Get the USD/CHF Forex Signal for February 23, 2016.
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Get the GBP/USD Forex Signal for February 23, 2016.
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Get the EUR/USD Forex Signal for February 23, 2016.
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The EUR/USD pair broke down during the day on Monday, slicing through the 1.1050 level. The GBP/USD pair fell rather rapidly during the day on Monday, as the British pound lost quite a bit of value in general.
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The USD/JPY pair initially rallied during the course of the session on Monday, but turned back around to form a bit of a shooting star. The AUD/USD pair broke higher during the course of the day on Monday, slamming into the bottom of the uptrend line that had recently been so supportive of the Aussie.
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During the day on Monday, we saw quite a bit of bullishness when it comes to the stock markets around the world, so now it is a question of whether or not we can finally break out. The NASDAQ 100 rose as well, and it looks as if it is ready to go to the 4300 level.
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The WTI Crude Oil market rose rather drastically during the day on Monday, testing the $34 handle. Natural gas markets fell a bit during the course of the day on Monday, but turned back around and form a hammer like candle.
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Gold declined for a second straight session yesterday as strength in the dollar and equities lured some investors away from the precious metal but continued skepticism that the Federal Reserve would be able to hike interest rates four times this year limited losses.
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Get the NZD/USD Forex Signal for February 22, 2016.
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Get the AUD/USD Forex Signal for February 22, 2016.
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Get the USD/JPY Forex Signal for February 22, 2016.
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Get the USD/CAD Forex Signal for February 22, 2016.
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Get the USD/CHF Forex Signal for February 22, 2016.
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Get the GBP/USD Forex Signal for February 22, 2016.
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