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 NASDAQ 100 has broken above a major resistance barrier during the month of February, only to turn around and show signs of weakness.
The S&P 500 has reached all the way up to the 4200 level during the course of the month of February, but then pulled back rather significantly.
Gold markets have plunged during the month of February, suggesting that perhaps the US dollar is trying to claw back in strength.
Bitcoin: Buyers Remain as Skeptics Watch, Speculate and Wait
Expectations about the future of the American interest rate increase followed a series of consecutive positive figures for the sectors of the American economy.
XAU/USD gold futures extended losses at the end of the shortened trading week.
The Japanese yen was near the bottom of the group of major currencies in the last session of last week's trading.
The GBP/USD exchange rate retreated to key support levels on the charts in the last trading session of last week.
The USD/ZAR has continued to move upwards, creating a rather dynamic trend for bullish speculators as it seemingly creates a solid ground above 18.40000.
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The USD/JPY made an interesting move during Friday's session, as it was sold down to the 200-Day EMA, only to bounce back up again.
The USD/MXN bounced a bit during the trading session on Friday, as we continue to see a lot of volatility in this market.
On Friday's trading session, the S&P 500 experienced a significant decline, reflecting the ongoing negative sentiment in the stock market.
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Sign up to get the latest market updates and free signals directly to your inbox.In Friday's trading session, the EUR/USD attempted to rally but quickly lost momentum, leading to a lot of negativities in the market.
Silver experienced a significant decline in Friday's trading session as investors turned to the US dollar ahead of the weekend.
The Indian Nifty 50 has fallen a bit to break below the ₹17,500 level, but it is worth noting that we are still hanging around a previous pullback.