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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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Gold prices rose $7.87 on Monday as the majority of investors opted to remain on the sidelines ahead of Federal Reserve Chair Janet Yellen's congressional testimony.
Get the NZD/USD Forex signal for February 13, 2017 here.
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Get the USD/CAD Forex signal for February 13, 2017 here.
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Gold markets initially fell during the session on Friday, but found enough support at the 100-day exponential moving average to turn things around and form a nice-looking hammer.
The EUR/USD pair initially fell during the day on Friday, but found enough support below the 1.06 level to turn around and form a hammer. I’ve been saying for a while now that I think that the British pound is trying to form a permanent bottom in the downtrend.