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 BTC/USD Forex signal for February 5, 2018 here.
Get the USD/JPY Forex signal for February 5, 2018 here.
Get the USD/CAD Forex signal for February 5, 2018 here.
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Get the GBP/USD Forex signal for February 5, 2018 here.
Get the EUR/USD Forex signal for February 5, 2018 here.
The EUR/USD pair broke down during the trading session on Friday, reaching down towards the 1.24 level before bouncing significantly.
Bitcoin traders sold off yet again during the trading session on Friday, as we continue to see massive selling.
The S&P 500 broke down significantly on Friday, losing over 2%. This was due to fears about interest rates rising, as the bond market has started to selloff.
The WTI Crude Oil market fell a bit during the trading session on Friday, breaking below the $65 level at one point.
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The US dollar has rallied a bit during the trading session on Friday, after the stronger than anticipated jobs number.
Gold prices settled at $1332.58 an ounce on Friday, suffering a loss of 1.27% on the week, as the dollar edged up on a corrective bounce from recent strong downside pressure.
Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of February 5, 2018.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of February 5, 2018.
Enter the new trading week of February 5, 2018 prepared with our Forex forecast that details what's in store for the major currency pairs.
The EUR/USD pair initially fell during the trading session on Thursday, but then broke higher, breaking above the 1.25 level.