Get the USD/JPY Forex Signal for February 29, 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/CAD Forex Signal for February 29, 2016.
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The EUR/GBP pair broke higher during the course of the last several weeks, but now we are struggling at a relatively strong resistance barrier. Get the EUR/GBP Forecast for March 2016 here.
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The EUR/CHF pair fell significantly during the course of the month. Get the EUR/CHF forecast for March 2016 here.
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The NZD/USD pair has been very choppy over the last couple of months but pay attention to the well defined levels. Get the NZD/USD Forex Forecast for March 2016 here.
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The GBP/USD pair broke down during the course of the month of February, slicing through the 1.40 level. Get the GBP/USD forecast for March 2016 here.
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Get the USD/CHF Forex Signal for February 29, 2016.
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Now that we are starting the month of March, we will start to see selling pressure in the beginning of the month, followed by a bit of a bounce for the EUR/USD pair. Get the March 2016 forecast here.
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Get the GBP/USD Forex Signal for February 29, 2016.
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Get the EUR/USD Forex Signal for February 29, 2016.
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The WTI Crude Oil market broke above the $34 level during the course of the session on Friday, and then turned back around to form a massive shooting star. Natural gas markets went back and forth during the day on Friday, but turned back around form a bit of a hammer.
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The S&P 500 initially rallied during the session on Friday, testing the 1970 level during the session, but turned back around to form a massive shooting star. The NASDAQ 100 rose initially during the course of the session on Friday, but found enough resistance of the 4300 level to turn things back around and form a bit of a shooting star.
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The USD/JPY pair rose during the course of the day on Friday, as the market reached towards the 114 level. The AUD/USD pair fell rather significantly on Friday, completely wiping out the gains from the previous week.
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The EUR/USD pair fell rather significantly during the course of the session on Friday, breaking to the 1.09 level at one point. The GBP/USD pair initially tried to rally on Friday, but the area above the 1.40 level was a bit too resistive to let the market continue going higher.
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Stay up to date for the trading week ahead with our Forex forecast for major currency pairs for the week of February 29, 2016.
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