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.
Most Recent
Check out our newest trading strategies series with our monthly and weekly forecasts of the currency pairs worth watching using support and resistance for this week of February 8, 2016 here.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 8, 2016.
Stay up to date for the trading week ahead with our Forex forecast for major currency pairs for the week of February 8, 2016.
Top Forex Brokers
The WTI Crude Oil market tried to rally during the course of the day on Thursday but found far too much in the way of resistance above at the $38 level. Natural gas markets fell a bit during the course of the session on Thursday, breaking below the $2 level.
The S&P 500 went back and forth during the course of the day on Thursday, bouncing off the 1900 level, and then testing the 1930 level.You can say much of the same for the NASDAQ 100 which had a fairly neutral candle.
The Euro rallied during the session on Thursday, finally clearing the resistance barrier that had been causing this market to consolidate for some time. The GBP/USD pair broke out to the upside during the day on Thursday, but gave back quite a bit of the gains to form a shooting star.
The USD/JPY pair fell rather significantly during the course of the day on Thursday, as we prepare for the Nonfarm Payroll Numbers coming out later today. The AUD/USD pair initially broke out during the day on Thursday, clearing the top of the previous uptrend line which I have been suggesting is massive resistance.
Gold prices ended Thursday's session up nearly 1.2%, marking the fifth consecutive rise, as equity markets turned lower to surrender earlier gains and the dollar extended losses versus a basket of currencies.
Get the NZD/USD Forex Signal for February 4, 2016.
Bonuses & Promotions
Get the AUD/USD Forex Signal for February 4, 2016.
Get the USD/JPY Forex Signal for February 4, 2016.
Get the USD/CAD Forex Signal for February 4, 2016.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Get the USD/CHF Forex Signal for February 4, 2016.
Get the GBP/USD Forex Signal for February 4, 2016.
Get the EUR/USD Forex Signal for February 4, 2016.