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 Tuesday, but found quite a bit of support at the 1870 level to turn things around and form a bit of a hammer. The NASDAQ 100 did the same thing during the day, falling initially but bouncing.
The USD/JPY pair fell during the day on Tuesday, testing the 115 handle. The AUD/USD pair initially tried to rally during the course of the day on Tuesday but found enough resistance above to turn things around and form a rather negative candle.
The EUR/USD pair initially tried to rally on Tuesday but struggled at the 1.12 handle. The GBP/USD pair initially tried to rally during the day on Tuesday but fell as well.
Get the NZD/USD Forex Signal for February 16, 2016.
Get the AUD/USD Forex Signal for February 16, 2016.
Get the USD/JPY Forex Signal for February 16, 2016.
Get the USD/CAD Forex Signal for February 16, 2016.
Get the USD/CHF Forex Signal for February 16, 2016.
Get the GBP/USD Forex Signal for February 16, 2016.
Get the EUR/USD Forex Signal for February 16, 2016.
The USD/JPY pair rose during the day on Monday, testing the 114.50 level. The AUD/USD pair initially tried to rally during the day but quite frankly could not hang onto the gains as we turned back around form a bit of a shooting star.
The EUR/USD pair fell significantly during the course of the session on Monday. The GBP/USD pair fell significantly during the day as well, but still managed to find the 1.44 level to be somewhat supportive.
The WTI Crude Oil market gapped higher at the open on Monday, but struggled at the $30 level. The natural gas markets fell significantly during the course of the day on Monday, as we broke down and reach towards the $1.90 level.
The S&P 500 rallied during the course of the session on Monday, breaking well above the 1860 level. The NASDAQ 100 rose fairly significantly during the course of the session on Monday, breaking all the way up to the 4100 level.
Gold prices gapped lower on Monday as signs of stabilization in stock markets sapped demand for the metal as an alternative investment.
