Get the EUR/USD Forex Signal for March 3, 2016.
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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The USD/JPY pair initially tried to rally during the day on Wednesday but found enough resistance above the 114 level to turn things around and form a bit of a shooting star. The New Zealand dollar initially fell during the day on Wednesday, but then found quite a bit of bullish pressure to send the market higher.
The EUR/USD pair fell initially during the course of the session on Wednesday, but found enough buying pressure underneath to turn things back around and form a hammer. The British pound had a strong session during the day on Wednesday, as we continue to see quite a bit of volatility in the GBP/USD pair.
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The WTI Crude Oil market rose during the course of the day on Wednesday, testing the $35 level. Natural gas markets continue to get beat up as they fell significantly during the course of the day on Wednesday to make a fresh, new low.
The S&P 500 initially fell during the course of the session on Wednesday, as the market looks ready to try to fight upwards. The NASDAQ 100 went back and forth during the course of the day on Wednesday.
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The S&P 500 rose during the course of the day on Tuesday, breaking out and above the 1970 level. The NASDAQ 100 did much the same, breaking well above the 4300 level.
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The WTI Crude Oil market rose again during the course of the day on Tuesday, but remains below the $35 level. Natural gas markets rose during the course of the session here on Tuesday, filling the gap that had formed at the open on Monday.
The EUR/USD pair initially fell on Tuesday, as it continues the downtrend. The GBP/USD pair initially tried to rally during the day on Tuesday, but found the 1.40 level to be a bit too resistive to continue.
The USD/JPY pair broke higher during the course of the day on Tuesday, as we bounced a bit and reached towards the 114 handle. The Australian dollar rose during the day on Tuesday, as the market continues to see quite a bit of volatility.
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